Bragg Gaming Group (BRAG) Scheduled to Post Quarterly Earnings on Tuesday

Bragg Gaming Group (NASDAQ:BRAG – Get Rating) is set to announce its earnings results before the market opens on Tuesday, March 21st. Analysts expect the company to announce earnings of ($0.05) per share for the quarter.

Bragg Gaming Group Trading Down 0.8 %

Bragg Gaming Group stock opened at $3.75 on Tuesday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.07. The stock has a market cap of $79.69 million, a PE ratio of -17.05 and a beta of 0.55. The stock has a 50-day moving average price of $4.00 and a 200 day moving average price of $3.94. Bragg Gaming Group has a 52 week low of $2.89 and a 52 week high of $7.94.

Wall Street Analysts Forecast Growth

BRAG has been the topic of several research analyst reports. Canaccord Genuity Group reduced their price objective on Bragg Gaming Group from C$15.00 to C$12.50 and set a “buy” rating on the stock in a research note on Monday, November 14th. Benchmark initiated coverage on Bragg Gaming Group in a research note on Wednesday, January 4th. They issued a “buy” rating and a $8.00 price objective on the stock.

Institutional Investors Weigh In On Bragg Gaming Group

An institutional investor recently raised its position in Bragg Gaming Group stock. Bank of Montreal Can increased its stake in shares of Bragg Gaming Group Inc. (NASDAQ:BRAG – Get Rating) by 100.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,500 shares of the company’s stock after buying an additional 17,300 shares during the quarter. Bank of Montreal Can owned about 0.16% of Bragg Gaming Group worth $190,000 at the end of the most recent quarter. 9.41% of the stock is currently owned by institutional investors and hedge funds.

Bragg Gaming Group Company Profile

(Get Rating)

Bragg Gaming Group, Inc engages in the provision of artificial intelligence services including semantic search, machine learning, and natural language processing. The firm offers ORYX Gaming, an innovative business to business gaming technology platform and casino content aggregator, and GiveMeSport, a sports media outlet.