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

Gamehost Inc. (TSE:GH) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$10.41 and traded as low as C$10.12. Gamehost shares last traded at C$10.12, with a volume of 10,828 shares trading hands.

Gamehost Price Performance

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 company has a market capitalization of C$212.48 million, a PE ratio of 10.72, a PEG ratio of 17.43 and a beta of 1.46. The company’s 50 day moving average price is C$10.27 and its 200-day moving average price is C$10.41.

Gamehost Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 14th were paid a dividend of $0.05 per share. The ex-dividend date was Friday, January 31st. This represents a $0.60 annualized dividend and a yield of 5.93%. Gamehost’s dividend payout ratio is presently 50.84%.

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.