The stock price of Bragg Gaming Group Inc (NASDAQ: BRAG) has dropped by -11.29 compared to previous close of 6.11. Despite this, the company has seen a fall of -1.63% in its stock price over the last five trading days. seekingalpha.com reported 2025-02-05 that In January, Seeking Alpha welcomed 29 new analysts. This article introduces them and showcases some of their top picks. Analysts highlighted include The Conservative Investor recommending Dassault Aviation, Christopher Gray on ASML Holding, and Inflexio Research on Bragg Gaming Group, all rated as Buys. Analysts’ diverse backgrounds span sectors like technology, finance, and consumer staples, with investment strategies focusing on value, growth, and special situations.
Is It Worth Investing in Bragg Gaming Group Inc (NASDAQ: BRAG) Right Now?
Additionally, the 36-month beta value for BRAG is 1.03. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for BRAG is 18.22M and currently, short sellers hold a 1.66% ratio of that float. The average trading volume of BRAG on February 20, 2025 was 75.95K shares.
BRAG’s Market Performance
The stock of Bragg Gaming Group Inc (BRAG) has seen a -1.63% decrease in the past week, with a 29.98% rise in the past month, and a 73.16% gain in the past quarter. The volatility ratio for the week is 6.29%, and the volatility levels for the past 30 days are at 5.91% for BRAG. The simple moving average for the past 20 days is 5.80% for BRAG’s stock, with a 10.24% simple moving average for the past 200 days.
Analysts’ Opinion of BRAG
Many brokerage firms have already submitted their reports for BRAG stocks, with JMP Securities repeating the rating for BRAG by listing it as a “Mkt Outperform.” The predicted price for BRAG in the upcoming period, according to JMP Securities is $8 based on the research report published on November 10, 2023 of the previous year 2023.
ROTH Capital, on the other hand, stated in their research note that they expect to see BRAG reach a price target of $9. The rating they have provided for BRAG stocks is “Buy” according to the report published on September 21st, 2022.
Maxim Group gave a rating of “Buy” to BRAG, setting the target price at $12 in the report published on June 15th of the previous year.
BRAG Trading at 28.09% from the 50-Day Moving Average
After a stumble in the market that brought BRAG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.57% of loss for the given period.
Volatility was left at 5.91%, however, over the last 30 days, the volatility rate increased by 6.29%, as shares surge +25.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +63.75% upper at present.
During the last 5 trading sessions, BRAG fell by -1.63%, which changed the moving average for the period of 200-days by -4.58% in comparison to the 20-day moving average, which settled at $5.12. In addition, Bragg Gaming Group Inc saw 46.49% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BRAG
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.51 for the gross margin
The net margin for Bragg Gaming Group Inc stands at -0.05. The total capital return value is set at -0.04. Equity return is now at value -7.40, with -5.09 for asset returns.
Based on Bragg Gaming Group Inc (BRAG), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at 1.48. The debt to equity ratio resting at 0.13. The interest coverage ratio of the stock is -1.12.
Currently, EBITDA for the company is 12.36 million with net debt to EBITDA at -0.15. When we switch over and look at the enterprise to sales, we see a ratio of 1.3. The receivables turnover for the company is 5.27for trailing twelve months and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.
Conclusion
In conclusion, Bragg Gaming Group Inc (BRAG) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
