Gamehost (TSE:GH) Hits New 12-Month High – What’s Next?

Gamehost Inc. (TSE:GH)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$10.73 and last traded at C$10.73, with a volume of 23095 shares traded. The stock had previously closed at C$10.60.

Gamehost Stock Up 1.2 %

The company has a quick ratio of 0.54, a current ratio of 0.83 and a debt-to-equity ratio of 47.11. The stock has a 50-day simple moving average of C$10.50 and a 200-day simple moving average of C$10.44. The firm has a market capitalization of C$227.26 million, a PE ratio of 10.42, a P/E/G ratio of 17.43 and a beta of 1.46.

Gamehost (TSE:GH) last released its earnings results on Tuesday, August 13th. The company reported C$0.23 earnings per share (EPS) for the quarter. Gamehost had a return on equity of 19.14% and a net margin of 24.78%. The business had revenue of C$20.30 million during the quarter. Analysts forecast that Gamehost Inc. will post 0.9795918 EPS for the current year.

Gamehost Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a $0.04 dividend. This represents a $0.48 annualized dividend and a dividend yield of 4.47%. The ex-dividend date is Thursday, October 31st. Gamehost’s dividend payout ratio (DPR) is presently 49.48%.

About Gamehost

Gamehost Inc, together with its subsidiaries, operates hospitality and gaming properties in Alberta. It operates through Gaming, Hotel, and Food and Beverage segments. The company's gaming activities include the operation of company owned table games, electronic gaming tables, government owned slot machines, video lottery terminals, and lottery ticket kiosks, as well as the provision of food, beverage, and entertainment services.