Bragg Gaming Group Inc. (BRAG.V) (CVE:BRAG) Shares Up 3% – Still a Buy?

Bragg Gaming Group Inc. (BRAG.V) (CVE:BRAG)’s stock price rose 3% during trading on Tuesday. The stock traded as high as C$2.41 and last traded at C$2.41. Approximately 1,336,291 shares were traded during trading, a decline of 45% from the average session volume of 2,424,880 shares. The stock had previously closed at C$2.34.

Wall Street Analysts Forecast Growth

Separately, ATB Cormark Capital Markets cut their target price 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 research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$3.70.

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

The business has a 50-day moving average price of C$2.41 and a 200 day moving average price of C$2.41. The company has a market cap of C$284.25 million and a price-to-earnings ratio of -12.96. The company has a current ratio of 0.28, a quick ratio of 0.26 and a debt-to-equity ratio of 135.94.

Bragg Gaming Group Inc. (BRAG.V) Company Profile

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.