Brag House (NASDAQ:TBH) Shares to Reverse Split on Monday, June 1st

Brag House Holdings, Inc. (NASDAQ:TBH) shares are going to reverse split on Monday, June 1st. The 1-8 reverse split was announced on Thursday, May 28th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, May 29th.

Brag House Stock Performance

NASDAQ TBH traded down $0.05 on Thursday, reaching $0.64. The company had a trading volume of 1,409,418 shares, compared to its average volume of 698,773. The stock’s 50 day moving average is $0.54. Brag House has a 12 month low of $0.21 and a 12 month high of $2.44.

Brag House (NASDAQ:TBH) last issued its quarterly earnings data on Friday, May 15th. The company reported ($0.07) EPS for the quarter.

Analyst Upgrades and Downgrades

TBH has been the subject of a number of recent research reports. Wall Street Zen raised shares of Brag House from a “strong sell” rating to a “sell” rating in a research note on Sunday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Brag House in a research note on Friday, April 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Brag House has an average rating of “Sell”.

Hedge Funds Weigh In On Brag House

An institutional investor recently bought a new position in Brag House stock. HRT Financial LP acquired a new stake in Brag House Holdings, Inc. (NASDAQ:TBH) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 73,400 shares of the company’s stock, valued at approximately $29,000. HRT Financial LP owned 0.35% of Brag House at the end of the most recent reporting period.

About Brag House

Brag House offers an integrated electronic video game sports, or esports, platform designed for casual gamers and their friends to experience the fun, passion, intensity and excitement of college sports rivalries in an organic, inclusive and personalized gaming environment, while creating authentic pathway for brands to connect with our Generation Z (“Gen Z”) audience. The vision for Brag House began with our founders — co-founder and Chief Executive Officer Lavell Juan Malloy, II and co-founder, Chief Operating Officer and Interim Chief Financial Officer Daniel Leibovich — who recognized a need in the gaming industry for an esports platform focused on the casual college gamer.