(BRAG) Bragg Gaming - Ratings and Ratios

Bragg Gaming Group Inc is a leading provider of iGaming content and technology solutions, catering to both online and land-based gaming operators with its proprietary and exclusive content. The companys in-house studios, including Wild Streak Gaming, Atomic Slot Lab, and Indigo Magic, utilize data-driven insights to craft engaging casino game titles, which are complemented by a curated selection of exclusive titles from partner studios under the Powered By Bragg program.

The companys technology backbone, including its RGS and PAM technologies, enables the distribution of its games via the Bragg Hub content delivery platform, making them accessible to customers across various regions, including North America, LatAM, and Europe. Bragg Gamings services are utilized by gaming operators in multiple countries, including the United States, Canada, and several European nations. The companys diversified portfolio and robust technology infrastructure position it for growth in the expanding iGaming market.

Analyzing the , we observe that BRAGs stock price is currently at $4.68, with a 20-day SMA of $4.22 and a 50-day SMA of $4.11, indicating a bullish trend. The 200-day SMA at $4.42 suggests that the stock is trading near its long-term average. The ATR of 0.23 represents a 4.96% volatility, which is relatively moderate. Considering the , the companys market capitalization stands at $110.80M USD, with a forward P/E ratio of 476.19, indicating high growth expectations.

Based on the and , a forecast for BRAG can be constructed. The stocks bullish trend, coupled with its presence in a growing market, suggests potential for further growth. However, the high forward P/E ratio indicates that the stocks price already reflects significant growth expectations. Therefore, a reasonable forecast would be that BRAGs stock price will continue to trend upwards, potentially reaching $6.00 in the near term, driven by the companys expanding presence in the iGaming market and its robust technology infrastructure. Nevertheless, investors should be cautious of the associated risks, including market volatility and competition in the iGaming sector.