Bragg Gaming Group Inc. (BRAG.V) (CVE:BRAG) Stock Jumps 3% – Should You Buy?

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

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets dropped their price target on shares of 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 investment analyst has rated the stock with a Buy rating. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$3.70.

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

The stock has a fifty day moving average price of C$2.41 and a 200 day moving average price of C$2.41. The stock has a market capitalization of C$284.25 million and a P/E ratio of -12.96. The company has a debt-to-equity ratio of 135.94, a current ratio of 0.28 and a quick ratio of 0.26.

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.