Bragg Gaming Group Inc (BRAG) Moves 17.77% Higher: These Numbers are Too Good to be True

As on Wednesday, Bragg Gaming Group Inc (NASDAQ: BRAG) got off with the flyer as it spiked 17.77% to $6.23, before settling in for the price of $5.29 at the close. Taking a more long-term approach, BRAG posted a 52-week range of $2.92-$5.85.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that the giant of the Communication Services sector posted annual sales growth of 64.59% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 52.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 43.40%. This publicly-traded company’s shares outstanding now amounts to $23.00 million, simultaneously with a float of $17.81 million. The organization now has a market capitalization sitting at $141.61 million. At the time of writing, stock’s 50-day Moving Average stood at $5.26, while the 200-day Moving Average is $4.83.

Bragg Gaming Group Inc (BRAG) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Electronic Gaming & Multimedia industry. Bragg Gaming Group Inc’s current insider ownership accounts for 21.66%, in contrast to 4.86% institutional ownership.

Bragg Gaming Group Inc (BRAG) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.06 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.01) by -$0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.

Bragg Gaming Group Inc’s EPS increase for this current 12-month fiscal period is 43.40% and is forecasted to reach 0.03 in the upcoming year.

Bragg Gaming Group Inc (NASDAQ: BRAG) Trading Performance Indicators

Let’s observe the current performance indicators for Bragg Gaming Group Inc (BRAG). It’s Quick Ratio in the last reported quarter now stands at 1.04. The Stock has managed to achieve an average true range (ATR) of 0.30. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.40. Similarly, its price to free cash flow for trailing twelve months is now 11.80.

In the same vein, BRAG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.18, a figure that is expected to reach -0.06 in the next quarter, and analysts are predicting that it will be 0.03 at the market close of one year from today.

Technical Analysis of Bragg Gaming Group Inc (BRAG)

Through scrutinizing the latest numbers posted by the [Bragg Gaming Group Inc, BRAG], it can be observed that its last 5-days Average volume of 0.25 million was better the volume of 42178.0, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 80.23% While, its Average True Range was 0.33.

Raw Stochastic average of Bragg Gaming Group Inc (BRAG) in the period of the previous 100 days is set at 98.98%, which indicates a major rise in contrast to 98.52% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 75.04% that was higher than 64.93% volatility it exhibited in the past 100-days period.