Gamehost (TSE:GH) Sets New 12-Month High After Dividend Announcement

Gamehost Inc. (TSE:GH) reached a new 52-week high on Friday following a dividend announcement from the company. The stock traded as high as C$10.63 and last traded at C$10.61, with a volume of 500 shares changing hands. The stock had previously closed at C$10.60.

The newly announced dividend which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a $0.04 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.48%. Gamehost’s dividend payout ratio is presently 49.48%.

Gamehost Price Performance

The company has a debt-to-equity ratio of 47.11, a current ratio of 0.83 and a quick ratio of 0.54. The company has a fifty day moving average of C$10.49 and a 200-day moving average of C$10.38. The firm has a market cap of C$227.05 million, a P/E ratio of 11.05, a P/E/G ratio of 17.43 and a beta of 1.46.

Gamehost (TSE:GH) last posted its quarterly earnings data on Tuesday, August 13th. The company reported C$0.23 EPS for the quarter. Gamehost had a net margin of 24.78% and a return on equity of 19.14%. The firm had revenue of C$20.30 million during the quarter. On average, sell-side analysts anticipate that Gamehost Inc. will post 0.9795918 EPS for the current fiscal year.

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.