Bragg Gaming Group (TSE:BRAG) Stock Price Down 1.3% – Should You Sell?

Shares of Bragg Gaming Group Inc. (TSE:BRAG) dropped 1.3% during mid-day trading on Monday . The company traded as low as C$3.00 and last traded at C$3.00. Approximately 11,172 shares traded hands during trading, a decline of 40% from the average daily volume of 18,648 shares. The stock had previously closed at C$3.04.

Bragg Gaming Group Price Performance

The business’s 50-day simple moving average is C$3.07 and its two-hundred day simple moving average is C$3.85. The stock has a market cap of C$76.35 million, a price-to-earnings ratio of -10.34 and a beta of 0.47. The company has a debt-to-equity ratio of 13.32, a current ratio of 1.11 and a quick ratio of 1.05.

Bragg Gaming Group (TSE:BRAG) last announced its quarterly earnings results on Thursday, November 13th. The company reported C($0.09) EPS for the quarter. Bragg Gaming Group had a negative net margin of 5.35% and a negative return on equity of 7.46%. The firm had revenue of C$43.80 million during the quarter. Research analysts expect that Bragg Gaming Group Inc. will post 0.0149271 earnings per share for the current year.

Bragg Gaming Group Company Profile

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) is an iGaming content and turnkey technology solutions provider serving online and land-based gaming operators with its proprietary and exclusive content, and cutting-edge 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. Its proprietary content portfolio is complemented by a cross section of exclusive titles from carefully selected studio partners under the Powered By Bragg program.