Dimensional Fund Advisors LP Invests $200,000 in Bragg Gaming Group Inc. (NASDAQ:BRAG)

Dimensional Fund Advisors LP purchased a new stake in Bragg Gaming Group Inc. (NASDAQ:BRAG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 34,621 shares of the company’s stock, valued at approximately $200,000.

Bragg Gaming Group Stock Performance

Shares of Bragg Gaming Group stock opened at $4.80 on Tuesday. Bragg Gaming Group Inc. has a 52-week low of $4.05 and a 52-week high of $7.00. The stock’s 50-day simple moving average is $4.99 and its 200 day simple moving average is $5.59. The stock has a market capitalization of $119.74 million, a P/E ratio of -20.00 and a beta of 0.92.

Bragg Gaming Group (NASDAQ:BRAG) last posted its earnings results on Thursday, August 8th. The company reported ($0.11) earnings per share for the quarter. Bragg Gaming Group had a negative net margin of 8.51% and a negative return on equity of 11.42%. The company had revenue of $26.76 million for the quarter. Equities research analysts forecast that Bragg Gaming Group Inc. will post -0.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, JMP Securities restated a “market outperform” rating and set a $7.00 price objective on shares of Bragg Gaming Group in a research note on Monday.

Bragg Gaming Group Profile

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.