Bragg Gaming Group Inc. (BRAG.V) (CVE:BRAG) Shares Up 3% – Here’s Why

Bragg Gaming Group Inc. (BRAG.V) (CVE:BRAG) was up 3% during mid-day trading on Tuesday. The company traded as high as C$2.41 and last traded at C$2.41. Approximately 1,336,291 shares traded hands during trading, a decline of 45% from the average daily volume of 2,424,880 shares. The stock had previously closed at C$2.34.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets dropped their price target on Bragg Gaming Group Inc. (BRAG.V) from C$6.80 to C$3.70 and set an “outperform” rating on the stock in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$3.70.

Bragg Gaming Group Inc. (BRAG.V) Trading Up 3.0%

The company has a quick ratio of 0.26, a current ratio of 0.28 and a debt-to-equity ratio of 135.94. The company has a fifty day moving average of C$2.41 and a two-hundred day moving average of C$2.41. The stock has a market capitalization of C$284.25 million and a price-to-earnings ratio of -12.96.

About Bragg Gaming Group Inc. (BRAG.V)

Bragg Gaming Group Inc provides B2B online gaming technology services worldwide. It offers turnkey solution, including an omni-channel retail, online, and mobile iGaming platforms, as well as casino content aggregator, lottery, marketing, and operational services. The company also provides GIVEMESPORT, a Facebook sport publisher; and GIVEMEBET, a sports book. Bragg Gaming Group Inc is headquartered in Toronto, Canada.