Gamehost (TSE:GH) Sets New 52-Week High – Here’s What Happened

Gamehost Inc. (TSE:GH)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as C$13.63 and last traded at C$13.63, with a volume of 3377 shares. The stock had previously closed at C$13.63.

Gamehost Stock Performance

The stock has a fifty day moving average price of C$13.49 and a 200-day moving average price of C$12.49. The firm has a market cap of C$281.87 million, a price-to-earnings ratio of 14.66, a price-to-earnings-growth ratio of 17.43 and a beta of 0.03. The company has a quick ratio of 0.54, a current ratio of 0.98 and a debt-to-equity ratio of 33.30.

Gamehost (TSE:GH) last released its quarterly earnings results on Tuesday, May 12th. The company reported C$0.15 earnings per share (EPS) for the quarter. Gamehost had a return on equity of 16.51% and a net margin of 22.92%.The business had revenue of C$21.16 million during the quarter. On average, analysts expect 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 was paid on Friday, May 15th. Stockholders of record on Friday, May 15th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 4.4%. Gamehost’s dividend payout ratio is presently 64.52%.

About Gamehost

Gamehost is a corporation incorporated under the laws of the Province of Alberta with its head office located in Red Deer, Alberta. Through its subsidiary, Gamehost Limited Partnership, Gamehost owns and operates: (i) the Great Northern Casino facility located in Grande Prairie, Alberta, (ii) the Rivers Casino and Entertainment Centre located in Fort McMurray, Alberta; (iii) the Deerfoot Inn & Casino facility located in Calgary, Alberta; (iv) the Service Plus Inns & Suites hotel located in Grande Prairie, Alberta, and (v) the Encore Suites by Service Plus extended stay hotel facility located in Grande Prairie, Alberta.