Bragg Gaming Group Stock Today

BRAG Stock  USD 3.31  0.07  2.16%   

Performance

0 of 100

 
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Odds Of Distress

Less than 19

 
High
 
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Low
Bragg Gaming is trading at 3.31 as of the 25th of November 2024. This is a 2.16 percent increase since the beginning of the trading day. The stock's lowest day price was 3.26. Bragg Gaming has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Bragg Gaming Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
27th of August 2021
Category
Consumer Cyclical
Classification
Communication Services
Bragg Gaming Group Inc. operates as a technology and content supplier to the gaming industry worldwide. The company also holds various content distribution rights through partnerships with selected third-party studios. Bragg Gaming operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. The company has 25.01 M outstanding shares of which 98.47 K shares are currently shorted by private and institutional investors with about 2.7 trading days to cover. More on Bragg Gaming Group

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Bragg Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chair CEOMatevz Mazij
Thematic IdeaVideo Games (View all Themes)
Old NameBragg Gaming Group Inc
Business ConcentrationInteractive Home Entertainment, Media & Entertainment, Communication Services, NASDAQ Composite, Video Games, Communication Services, Entertainment, Electronic Gaming & Multimedia, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities29.3 M27.9 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.9 M5.2 M
Way Down
Slightly volatile
Total Assets108.5 M103.4 M
Sufficiently Up
Slightly volatile
Total Current Assets30.5 M29.1 M
Sufficiently Up
Slightly volatile
Debt Levels
Bragg Gaming can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bragg Gaming's financial leverage. It provides some insight into what part of Bragg Gaming's total assets is financed by creditors.
Liquidity
Bragg Gaming Group currently holds 3.28 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Bragg Gaming Group has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Bragg Gaming's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(432,250)
Bragg Gaming Group (BRAG) is traded on NASDAQ Exchange in USA. It is located in 130 King Street West, Toronto, ON, Canada, M5X 1K6 and employs 466 people. Bragg Gaming is listed under Interactive Home Entertainment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 82.78 M. Bragg Gaming Group conducts business under Entertainment sector and is part of Communication Services industry. The entity has 25.01 M outstanding shares of which 98.47 K shares are currently shorted by private and institutional investors with about 2.7 trading days to cover. Bragg Gaming Group currently holds about 11.1 M in cash with 11.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53.
Check Bragg Gaming Probability Of Bankruptcy
Ownership Allocation
Bragg Gaming holds a total of 25.01 Million outstanding shares. Bragg Gaming Group retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Bragg Ownership Details

Bragg Stock Institutional Holders

InstituionRecorded OnShares
Royal Bank Of Canada2024-06-30
29.9 K
Citadel Advisors Llc2024-09-30
21.8 K
Marshall Wace Asset Management Ltd2024-06-30
13.4 K
Geode Capital Management, Llc2024-09-30
11.3 K
Group One Trading, Lp2024-06-30
7.6 K
Bank Of America Corp2024-06-30
2.1 K
Jpmorgan Chase & Co2024-06-30
566
Federation Des Caisses Desjardins Du Quebec2024-06-30
400
Barclays Plc2024-06-30
200
1060 Capital2024-09-30
190 K
Ubs Group Ag2024-06-30
144.4 K
View Bragg Gaming Diagnostics

Bragg Gaming Historical Income Statement

At this time, Bragg Gaming's Total Revenue is most likely to increase significantly in the upcoming years. The Bragg Gaming's current Gross Profit is estimated to increase to about 52.4 M, while EBIT is projected to decrease to (744.5 K). View More Fundamentals

Bragg Stock Against Markets

Bragg Gaming Corporate Management

Benny BonsuHead GiveMeSportProfile
Chris LooneyChief OfficerProfile
Neill WhyteChief OfficerProfile
Giles PotterChief OfficerProfile
Doug FallonGroup ContentProfile
Simon DudnjikChief OfficerProfile
When determining whether Bragg Gaming Group is a strong investment it is important to analyze Bragg Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bragg Gaming's future performance. For an informed investment choice regarding Bragg Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bragg Gaming Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bragg Gaming. If investors know Bragg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bragg Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.095
Earnings Share
(0.23)
Revenue Per Share
4.043
Quarterly Revenue Growth
0.005
Return On Assets
(0.02)
The market value of Bragg Gaming Group is measured differently than its book value, which is the value of Bragg that is recorded on the company's balance sheet. Investors also form their own opinion of Bragg Gaming's value that differs from its market value or its book value, called intrinsic value, which is Bragg Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bragg Gaming's market value can be influenced by many factors that don't directly affect Bragg Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bragg Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bragg Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bragg Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.