Gamehost (TSE:GH) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Shares of Gamehost Inc. (TSE:GH) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$10.51 and traded as high as C$10.55. Gamehost shares last traded at C$10.55, with a volume of 3,500 shares changing hands.

Gamehost Trading Up 0.5 %

The company has a debt-to-equity ratio of 47.11, a quick ratio of 0.54 and a current ratio of 0.83. The firm has a 50-day moving average of C$10.62 and a 200-day moving average of C$10.51. The firm has a market capitalization of C$223.45 million, a P/E ratio of 10.88, a price-to-earnings-growth ratio of 17.43 and a beta of 1.46.

Gamehost Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, December 13th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.60 annualized dividend and a yield of 5.69%. This is a boost from Gamehost’s previous monthly dividend of $0.04. Gamehost’s dividend payout ratio is presently 49.48%.

Gamehost Company Profile

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.