Bragg Gaming Group (NASDAQ:BRAG) Issues Earnings Results

Bragg Gaming Group (NASDAQ:BRAG) announced its quarterly earnings results on Thursday. The company reported ($0.03) EPS for the quarter, Zacks reports. Bragg Gaming Group had a negative return on equity of 7.42% and a negative net margin of 5.33%. The firm had revenue of $28.97 million for the quarter. Bragg Gaming Group updated its FY 2025 guidance to EPS.

Bragg Gaming Group Stock Down 3.0 %

BRAG stock traded down $0.13 during mid-day trading on Friday, reaching $4.28. The company had a trading volume of 12,071 shares, compared to its average volume of 61,049. The stock’s 50-day simple moving average is $4.71 and its two-hundred day simple moving average is $4.41. The stock has a market capitalization of $107.16 million, a P/E ratio of -17.79 and a beta of 0.78. Bragg Gaming Group has a one year low of $2.86 and a one year high of $7.00.

Analyst Ratings Changes

Several analysts recently issued reports on BRAG shares. JMP Securities cut their price target on shares of Bragg Gaming Group from $6.00 to $5.00 and set a “market outperform” rating on the stock in a report on Monday, January 6th. Maxim Group lifted their price target on Bragg Gaming Group from $9.00 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, February 19th. Finally, Benchmark lowered Bragg Gaming Group from a “strong-buy” rating to a “moderate buy” rating in a research report on Thursday, January 30th.

Bragg Gaming Group Company Profile

Bragg Gaming Group Inc provides business to business online gaming technology platform and casino content aggregator worldwide. The company offers a range of games, including slot, table, card, video bingo, scratch card, and virtual sports, as well as live dealer games. It also provides player account management platform, a multi-channel and cross-product that enables operators to manage the entire product suite using one shared account and one wallet for casino, lottery, sportsbook, and other operations; and Fuze, a single integrated platform that delivers third party gaming content.