Bragg Gaming Group Inc. (BRAG.V) (CVE:BRAG) Stock Jumps 3% – What’s Next?

Bragg Gaming Group Inc. (BRAG.V) (CVE:BRAG) shot up 3% during trading on Tuesday. The company traded as high as C$2.41 and last traded at C$2.41. Approximately 1,336,291 shares changed hands 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 shares of Bragg Gaming Group Inc. (BRAG.V) from C$6.80 to C$3.70 and set an “outperform” rating for the company in a report on Tuesday, September 1st. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$3.70.

Bragg Gaming Group Inc. (BRAG.V) Stock Up 3.0%

The company has a market cap of C$284.25 million and a P/E ratio of -12.96. The company has a quick ratio of 0.26, a current ratio of 0.28 and a debt-to-equity ratio of 135.94. The business’s 50 day moving average is C$2.41 and its 200 day moving average is C$2.41.

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.