Gamehost (TSE:GH) Reaches New 52-Week High – Should You Buy?

Gamehost Inc. (TSE:GH) hit a new 52-week high during trading on Monday . The stock traded as high as C$10.90 and last traded at C$10.89, with a volume of 1243 shares changing hands. The stock had previously closed at C$10.89.

Gamehost Price Performance

The stock has a market cap of C$230.65 million, a price-to-earnings ratio of 11.23, a P/E/G ratio of 17.43 and a beta of 1.46. The business has a fifty day moving average of C$10.57 and a 200 day moving average of C$10.46. The company has a debt-to-equity ratio of 47.11, a current ratio of 0.83 and a quick ratio of 0.54.

Gamehost Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were given a $0.04 dividend. The ex-dividend date was Thursday, October 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.41%. Gamehost’s dividend payout ratio is currently 49.48%.

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.