Bragg Gaming Group Inc. (NASDAQ:BRAG – Get Free Report)’s inventory value shot up 2.5% on Friday . The firm traded as excessive as $5.88 and final traded at $5.70. 156,739 shares modified arms throughout mid-day buying and selling, a rise of 205% from the typical session quantity of 51,446 shares. The inventory had beforehand closed at $5.56.
Wall Street Analyst Weigh In
Separately, Benchmark reissued a “speculative purchase” ranking and issued a $8.00 value goal on shares of Bragg Gaming Group in a analysis report on Wednesday, April third.
View Our Latest Stock Report on Bragg Gaming Group
Bragg Gaming Group Stock Up 2.5 %
The enterprise’s fifty day transferring common is $5.95 and its 200-day transferring common is $5.57. The inventory has a market capitalization of $141.08 million, a PE ratio of -23.75 and a beta of 0.97.
Bragg Gaming Group (NASDAQ:BRAG – Get Free Report) final launched its earnings outcomes on Thursday, May ninth. The firm reported ($0.09) earnings per share (EPS) for the quarter. Bragg Gaming Group had a detrimental internet margin of 5.58% and a detrimental return on fairness of seven.44%. The firm had income of $25.85 million in the course of the quarter. During the identical interval final yr, the agency posted ($0.02) EPS. As a bunch, sell-side analysts anticipate that Bragg Gaming Group Inc. will publish -0.11 EPS for the present fiscal yr.
Institutional Investors Weigh In On Bragg Gaming Group
An institutional investor lately purchased a brand new place in Bragg Gaming Group inventory. Oasis Management Co Ltd. acquired a brand new place in shares of Bragg Gaming Group Inc. (NASDAQ:BRAG – Free Report) within the 4th quarter, based on its most up-to-date submitting with the Securities & Exchange Commission. The fund acquired 16,100 shares of the corporate’s inventory, valued at roughly $82,000. Oasis Management Co Ltd. owned 0.07% of Bragg Gaming Group as of its most up-to-date SEC submitting. Institutional traders personal 4.04% of the corporate’s inventory.
Bragg Gaming Group Company Profile
(Get Free Report)
Bragg Gaming Group Inc offers enterprise to enterprise on-line gaming expertise platform and on line casino content material aggregator worldwide. The firm provides a spread of video games, together with slot, desk, card, video bingo, scratch card, and digital sports activities, in addition to stay vendor video games. It additionally offers participant account administration platform, a multi-channel and cross-product that allows operators to handle the whole product suite utilizing one shared account and one pockets for on line casino, lottery, sportsbook, and different operations; and Fuze, a single built-in platform that delivers third social gathering gaming content material.
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