Gamehost (TSE:GH) Stock Crosses Below 200-Day Moving Average – Here’s Why

Gamehost Inc. (TSE:GH) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$10.47 and traded as low as C$10.33. Gamehost shares last traded at C$10.41, with a volume of 51,900 shares trading hands.

Gamehost Trading Up 0.3 %

The company has a current ratio of 0.90, a quick ratio of 0.54 and a debt-to-equity ratio of 44.97. The business has a 50 day simple moving average of C$10.31 and a two-hundred day simple moving average of C$10.47. The stock has a market cap of C$218.57 million, a price-to-earnings ratio of 11.03, a price-to-earnings-growth ratio of 17.43 and a beta of 1.46.

Gamehost (TSE:GH) last released its quarterly earnings results on Tuesday, November 12th. The company reported C$0.24 earnings per share for the quarter. Gamehost had a net margin of 24.17% and a return on equity of 17.97%. As a group, equities analysts anticipate that Gamehost Inc. will post 0.9795918 EPS for the current year.

Gamehost Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.60 dividend on an annualized basis and a yield of 5.76%. Gamehost’s dividend payout ratio (DPR) is 50.84%.

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.