Bragg Gaming Group Inc. (NASDAQ:BRAG – Get Free Report) stock fell 0.2% in intraday trading on Wednesday. The stock traded as low as $5.27 and last traded at $5.36. During the day, 8,045 shares traded hands, representing a decrease of 69% from the average session volume of 25,909 shares. The stock previously closed at $5.37.
Analyst upgrades and downgrades
Separately, JMP Securities upgraded Bragg Gaming Group from a “market perform” rating to an “outperform” rating and set a $8.00 target price for the company in a report on Friday, November 10th.
Read the latest report on BRAG
Bragg Gaming Group Stock Performance
The company has a market capitalization of $123.28 million, a price-to-earnings ratio of -29.78 and a beta of 0.86. His 50 day moving average price for this company is $5.22 and his 200 day moving average price is $5.04.
Bragg Gaming Group Institutional Trading
Several large investors have recently added to or reduced their stakes in BRAG. UBS Group AG increased its holdings in shares of Bragg Gaming Group by 467.5% in the 1st quarter. UBS Group AG now owns 85,493 shares of the company’s stock valued at $614,000 after purchasing an additional 70,429 shares in the last quarter. Bank of Montreal Can increased its holdings in shares of Bragg Gaming Group by 100.6% in the 2nd quarter. Banque de Montreal-Can now owns 34,500 shares of the company’s stock worth $190,000 after purchasing an additional 17,300 shares in the last quarter. Jane Street Group LLC acquired a new stake in Bragg Gaming Group in the 1st quarter worth his $36,000. Susquehanna International Group LLP increased its holdings in shares of Bragg Gaming Group by 15.4% in the 1st quarter. Susquehanna International Group LLP now owns 50,052 shares of the company’s stock valued at $178,000 after purchasing an additional 6,679 shares in the last quarter. Finally, Royce & Associates LP increased his stake in shares of Bragg Gaming Group by 32.0% during the 2nd quarter. Royce & Associates LP now owns 396,000 shares of the company’s stock valued at $1,223,000 after acquiring an additional 96,000 shares in the last quarter. Institutional investors and hedge funds currently hold 5.17% of the stock.
About Bragg Gaming Group
(Get Free Report)
Bragg Gaming Group Inc is a supplier of online games and content to the gaming industry worldwide. The company offers a variety of games including slots, tables, cards, video bingo, scratch cards, virtual sports, and live dealer games. We also provide content services from our iGaming platform and turnkey gaming solutions. Unique third-party game content delivered through a single unified platform.
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