Bragg Gaming Group Inc. (BRAG.V) (CVE:BRAG) Trading Up 3% – Here’s Why

Bragg Gaming Group Inc. (BRAG.V) (CVE:BRAG) was up 3% on Tuesday . The company traded as high as C$2.41 and last traded at C$2.41. 1,336,291 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 2,424,880 shares. The stock had previously closed at C$2.34.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets decreased their price objective on Bragg Gaming Group Inc. (BRAG.V) from C$6.80 to C$3.70 and set an “outperform” rating on the stock in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$3.70.

Bragg Gaming Group Inc. (BRAG.V) Stock Performance

The company has a market capitalization of C$284.25 million and a P/E ratio of -12.96. The stock has a fifty day simple moving average of C$2.41 and a 200-day simple moving average of C$2.41. The company has a quick ratio of 0.26, a current ratio of 0.28 and a debt-to-equity ratio of 135.94.

About Bragg Gaming Group Inc. (BRAG.V)

Bragg Gaming Group Inc provides B2B online gaming technology services worldwide. It offers turnkey solution, including an omni-channel retail, online, and mobile iGaming platforms, as well as casino content aggregator, lottery, marketing, and operational services. The company also provides GIVEMESPORT, a Facebook sport publisher; and GIVEMEBET, a sports book. Bragg Gaming Group Inc is headquartered in Toronto, Canada.