Gamehost (TSE:GH) Hits New 12-Month High at $10.74

Shares of Gamehost Inc. (TSE:GH) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$10.74 and last traded at C$10.74, with a volume of 3746 shares trading hands. The stock had previously closed at C$10.65.

Analysts Set New Price Targets

Separately, Acumen Capital raised their price target on Gamehost from C$13.75 to C$14.00 in a report on Friday, May 10th.

Gamehost Stock Performance

The firm has a market capitalization of C$229.08 million, a P/E ratio of 10.87, a P/E/G ratio of 17.43 and a beta of 1.53. The firm has a 50-day moving average price of C$10.32 and a two-hundred day moving average price of C$9.86. The company has a debt-to-equity ratio of 48.34, a current ratio of 0.78 and a quick ratio of 0.54.

Gamehost (TSE:GH) last posted its quarterly earnings results on Wednesday, May 8th. The company reported C$0.22 earnings per share (EPS) for the quarter. Gamehost had a return on equity of 19.88% and a net margin of 25.28%. The business had revenue of C$20.55 million for the quarter. On average, analysts forecast that Gamehost Inc. will post 1.009901 EPS for the current fiscal year.

Gamehost Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be given a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date of this dividend is Friday, June 28th. Gamehost’s payout ratio is currently 48.98%.

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.