Royce & Associates LP Has $582,000 Stock Position in Bragg Gaming Group Inc. (NASDAQ:BRAG)

Royce & Associates LP cut its holdings in shares of Bragg Gaming Group Inc. (NASDAQ:BRAG) by 50.9% in the third quarter, Holdings Channel reports. The institutional investor owned 114,800 shares of the company’s stock after selling 119,200 shares during the quarter. Royce & Associates LP’s holdings in Bragg Gaming Group were worth $582,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Marshall Wace LLP acquired a new position in Bragg Gaming Group during the 2nd quarter valued at $77,000. Dimensional Fund Advisors LP acquired a new position in shares of Bragg Gaming Group during the second quarter valued at about $200,000. Finally, Renaissance Technologies LLC lifted its stake in shares of Bragg Gaming Group by 40.7% in the second quarter. Renaissance Technologies LLC now owns 124,700 shares of the company’s stock valued at $720,000 after buying an additional 36,100 shares during the period. 4.04% of the stock is owned by institutional investors.

Bragg Gaming Group Price Performance

Bragg Gaming Group stock opened at $3.26 on Thursday. The business has a 50 day simple moving average of $4.71 and a 200 day simple moving average of $5.28. Bragg Gaming Group Inc. has a one year low of $2.86 and a one year high of $7.00. The company has a market capitalization of $81.53 million, a PE ratio of -13.92 and a beta of 0.93.

Analyst Ratings Changes

Separately, JMP Securities restated a “market outperform” rating and set a $7.00 price target on shares of Bragg Gaming Group in a research note on Monday, October 14th.

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.