Bragg Gaming Group Inc. (NASDAQ:BRAG - Free Report) - Investment analysts at Cormark upped their FY2024 earnings per share estimates for shares of Bragg Gaming Group in a research report issued to clients and investors on Tuesday, November 19th. Cormark analyst D. Mcfadgen now expects that the company will post earnings of ($0.14) per share for the year, up from their prior forecast of ($0.18). The consensus estimate for Bragg Gaming Group's current full-year earnings is ($0.15) per share. Cormark also issued estimates for Bragg Gaming Group's FY2025 earnings at ($0.06) EPS.
Separately, JMP Securities reissued a "market outperform" rating and issued a $7.00 price target on shares of Bragg Gaming Group in a report on Monday, October 14th.
Read Our Latest Analysis on Bragg Gaming Group
Bragg Gaming Group Price Performance
NASDAQ:BRAG traded up $0.07 during midday trading on Friday, reaching $3.31. The stock had a trading volume of 42,904 shares, compared to its average volume of 47,768. Bragg Gaming Group has a 1-year low of $2.86 and a 1-year high of $7.00. The firm's fifty day simple moving average is $4.65 and its 200-day simple moving average is $5.25. The stock has a market capitalization of $82.78 million, a P/E ratio of -13.54 and a beta of 0.93.
Hedge Funds Weigh In On Bragg Gaming Group
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Marshall Wace LLP bought a new stake in Bragg Gaming Group during the 2nd quarter worth about $77,000. Dimensional Fund Advisors LP acquired a new position in Bragg Gaming Group in the second quarter valued at about $200,000. Finally, Renaissance Technologies LLC boosted its holdings in Bragg Gaming Group by 40.7% during the second quarter. Renaissance Technologies LLC now owns 124,700 shares of the company's stock worth $720,000 after buying an additional 36,100 shares during the last quarter. Institutional investors and hedge funds own 4.04% of the company's stock.
Bragg Gaming Group Company Profile
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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.
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