Brag House (NASDAQ:TBH) Shares Set to Reverse Split on Monday, June 1st

Shares of Brag House Holdings, Inc. (NASDAQ:TBHFree Report) are set to reverse split on the morning of Monday, June 1st. The 1-8 reverse split was announced on Thursday, May 28th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, May 29th.

Brag House Price Performance

NASDAQ TBH traded down $0.05 during trading on Thursday, hitting $0.64. The stock had a trading volume of 1,409,418 shares, compared to its average volume of 637,274. The company has a market capitalization of $15.40 million, a P/E ratio of -0.42 and a beta of 11.64. The business’s 50 day moving average is $0.54. Brag House has a twelve month low of $0.21 and a twelve month high of $2.44.

Brag House (NASDAQ:TBHGet Free Report) last released its earnings results on Friday, May 15th. The company reported ($0.07) earnings per share for the quarter.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on TBH shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Brag House in a research report on Friday, April 24th. Wall Street Zen raised shares of Brag House from a “strong sell” rating to a “sell” rating in a report on Sunday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Brag House has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on Brag House

Institutional Trading of Brag House

A hedge fund recently bought a new stake in Brag House stock. HRT Financial LP purchased a new position in shares of Brag House Holdings, Inc. (NASDAQ:TBHFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 73,400 shares of the company’s stock, valued at approximately $29,000. HRT Financial LP owned about 0.35% of Brag House at the end of the most recent reporting period.

About Brag House

(Get Free Report)

Brag House offers an integrated electronic video game sports, or esports, platform designed for casual gamers and their friends to experience the fun, passion, intensity and excitement of college sports rivalries in an organic, inclusive and personalized gaming environment, while creating authentic pathway for brands to connect with our Generation Z (“Gen Z”) audience. The vision for Brag House began with our founders — co-founder and Chief Executive Officer Lavell Juan Malloy, II and co-founder, Chief Operating Officer and Interim Chief Financial Officer Daniel Leibovich — who recognized a need in the gaming industry for an esports platform focused on the casual college gamer.

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