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

Brag House Holdings, Inc. (NASDAQ:TBH) shares are going 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 closing bell on Friday, May 29th.

Brag House Stock Performance

NASDAQ TBH traded down $0.05 during trading on Thursday, reaching $0.64. 1,409,418 shares of the company’s stock were exchanged, compared to its average volume of 637,274. The firm has a market cap of $15.40 million, a PE ratio of -0.42 and a beta of 11.64. The stock has a 50 day simple moving average of $0.54. Brag House has a 1 year low of $0.21 and a 1 year high of $2.44.

Brag House (NASDAQ:TBH) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.07) earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on TBH shares. Weiss Ratings restated a “sell (e+)” rating on shares of Brag House in a report on Friday, April 24th. Wall Street Zen upgraded shares of Brag House from a “strong sell” rating to a “sell” rating in a report on Sunday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Brag House stock. HRT Financial LP acquired a new stake in Brag House Holdings, Inc. (NASDAQ:TBH) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 73,400 shares of the company’s stock, valued at approximately $29,000. HRT Financial LP owned 0.35% of Brag House as of its most recent filing with the Securities and Exchange Commission (SEC).

Brag House Company Profile

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.