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

Gamehost Inc. (TSE:GH) 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. The stock had previously closed at C$10.60.

Gamehost Stock Down 0.7 %

The firm has a market cap of C$225.57 million, a P/E ratio of 10.98, a P/E/G 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 firm’s fifty day moving average is C$10.51 and its 200 day moving average is C$10.44.

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

Gamehost Announces Dividend

The firm 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. The ex-dividend date is Thursday, October 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.51%. Gamehost’s payout ratio is 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.