Gamehost (TSE:GH) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of Gamehost Inc. (TSE:GH) 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.

Gamehost Price Performance

The stock has a market cap of C$216.68 million, a price-to-earnings ratio of 10.93, a P/E/G ratio of 17.43 and a beta of 1.46. The company has a 50 day simple moving average of C$10.31 and a 200-day simple moving average of C$10.47. The company has a current ratio of 0.90, a quick ratio of 0.54 and a debt-to-equity ratio of 44.97.

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

Gamehost Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 14th were issued a $0.05 dividend. The ex-dividend date was Friday, January 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.81%. Gamehost’s dividend payout ratio (DPR) 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.