Gamehost (TSE:GH) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Gamehost Inc. (TSE:GH) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$10.48 and traded as low as C$10.30. Gamehost shares last traded at C$10.44, with a volume of 420 shares.

Gamehost Stock Down 0.5 %

The firm has a market capitalization of C$221.12 million, a P/E ratio of 10.76, a PEG ratio of 17.43 and a beta of 1.46. 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 stock has a 50 day moving average of C$10.35 and a 200-day moving average of C$10.48.

Gamehost (TSE:GH) last posted its quarterly earnings results on Tuesday, November 12th. The company reported C$0.24 earnings per share (EPS) for the quarter. Gamehost had a net margin of 24.78% and a return on equity of 19.14%. Research analysts predict that Gamehost Inc. will post 0.9795918 earnings per share for the current fiscal year.

Gamehost Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 14th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.60 annualized dividend and a dividend yield of 5.75%. Gamehost’s dividend payout ratio is currently 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.