Bragg Gaming Group Inc. (NASDAQ:BRAG - Free Report) - Equities researchers at Cormark decreased their FY2024 EPS estimates for Bragg Gaming Group in a research report issued to clients and investors on Tuesday, August 27th. Cormark analyst D. Mcfadgen now anticipates that the company will post earnings per share of ($0.18) for the year, down from their prior estimate of ($0.11). The consensus estimate for Bragg Gaming Group's current full-year earnings is ($0.11) per share. Cormark also issued estimates for Bragg Gaming Group's FY2025 earnings at ($0.01) EPS.
Bragg Gaming Group Stock Performance
NASDAQ BRAG traded up $0.09 on Friday, hitting $5.13. The stock had a trading volume of 12,110 shares, compared to its average volume of 46,613. The firm has a 50-day moving average of $5.43 and a 200-day moving average of $5.66. The company has a market capitalization of $127.97 million, a price-to-earnings ratio of -21.00 and a beta of 0.93. Bragg Gaming Group has a 52-week low of $4.05 and a 52-week high of $7.00.
Institutional Investors Weigh In On Bragg Gaming Group
Institutional investors and hedge funds have recently made changes to their positions in the business. Marshall Wace LLP purchased a new stake in Bragg Gaming Group in the second quarter valued at approximately $77,000. Oasis Management Co Ltd. bought a new position in shares of Bragg Gaming Group in the 4th quarter worth $82,000. Dimensional Fund Advisors LP purchased a new stake in shares of Bragg Gaming Group during the 2nd quarter valued at $200,000. Finally, Renaissance Technologies LLC lifted its holdings in shares of Bragg Gaming Group by 40.7% during the 2nd quarter. Renaissance Technologies LLC now owns 124,700 shares of the company's stock worth $720,000 after acquiring an additional 36,100 shares during the last quarter. Hedge funds and other institutional investors 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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