Renaissance Technologies LLC Raises Position in Bragg Gaming Group Inc. (NASDAQ:BRAG)

Renaissance Technologies LLC raised its holdings in shares of Bragg Gaming Group Inc. (NASDAQ:BRAG) by 40.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 124,700 shares of the company’s stock after buying an additional 36,100 shares during the period. Renaissance Technologies LLC owned about 0.50% of Bragg Gaming Group worth $720,000 at the end of the most recent reporting period.

Separately, Dimensional Fund Advisors LP bought a new stake in shares of Bragg Gaming Group in the 2nd quarter valued at about $200,000. 4.04% of the stock is currently owned by institutional investors.

Bragg Gaming Group Price Performance

Shares of BRAG stock opened at $5.15 on Wednesday. The business has a 50-day moving average of $5.04 and a 200 day moving average of $5.61. The stock has a market capitalization of $128.47 million, a PE ratio of -21.46 and a beta of 0.92. Bragg Gaming Group Inc. has a 1-year low of $4.05 and a 1-year high of $7.00.

Bragg Gaming Group (NASDAQ:BRAG) last released its quarterly earnings data 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. Analysts anticipate that Bragg Gaming Group Inc. will post -0.15 EPS for the current year.

About Bragg Gaming Group

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.