Bragg Gaming Group (TSE:BRAG) Trading Down 3.4% – Time to Sell?

Bragg Gaming Group Inc. (TSE:BRAG)’s share price traded down 3.4% during mid-day trading on Monday . The stock traded as low as C$2.11 and last traded at C$2.28. 25,824 shares were traded during trading, an increase of 28% from the average daily volume of 20,173 shares. The stock had previously closed at C$2.36.

Bragg Gaming Group Trading Down 3.4%

The company has a debt-to-equity ratio of 10.64, a current ratio of 0.94 and a quick ratio of 1.05. The business’s 50 day moving average is C$2.43 and its 200 day moving average is C$2.60. The stock has a market cap of C$60.15 million, a price-to-earnings ratio of -8.77 and a beta of 0.33.

Bragg Gaming Group (TSE:BRAG) last posted its earnings results on Thursday, May 14th. The company reported C($0.08) EPS for the quarter. The business had revenue of C$41.28 million during the quarter. Bragg Gaming Group had a negative net margin of 6.27% and a negative return on equity of 10.44%. As a group, equities analysts expect that Bragg Gaming Group Inc. will post 0.0149271 earnings per share for the current fiscal 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.