Bragg Gaming Group (TSE:BRAG) Shares Down 9.2% – What’s Next?

Bragg Gaming Group Inc. (TSE:BRAG)’s stock price fell 9.2% during mid-day trading on Thursday. The stock traded as low as C$1.15 and last traded at C$1.18. Approximately 19,550 shares changed hands during mid-day trading, an increase of 16% from the average daily volume of 16,910 shares. The stock had previously closed at C$1.30.

Bragg Gaming Group Stock Down 7.6%

The company has a quick ratio of 1.05, a current ratio of 0.89 and a debt-to-equity ratio of 10.53. The company has a market capitalization of C$33.86 million, a price-to-earnings ratio of -3.63 and a beta of 0.03. The business’s 50-day moving average is C$1.72 and its 200-day moving average is C$2.28.

Bragg Gaming Group (TSE:BRAG) last issued its quarterly earnings results on Thursday, August 13th. The company reported C($0.18) EPS for the quarter. The company had revenue of C$37.12 million during the quarter. Bragg Gaming Group had a negative return on equity of 12.40% and a negative net margin of 7.47%. As a group, equities analysts predict that Bragg Gaming Group Inc. will post 0.01 earnings per share for the current year.

About Bragg Gaming Group

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) is a leading iGaming content and platform technology solutions provider serving online casino, sports betting and lottery operators with its proprietary, exclusive and aggregated casino games content, and its cutting-edge player account management (‘PAM’) and player engagement technology. Bragg Studios offer high-performing and passionately crafted casino game titles using the latest in data-driven insights from in-house brands including Wild Streak Gaming, Atomic Slot Lab and Indigo Magic.