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

Gamehost Inc. (TSE:GH) reached a new 52-week high during mid-day trading on Monday following a dividend announcement from the company. The company traded as high as C$10.25 and last traded at C$10.30, with a volume of 21300 shares trading hands. The stock had previously closed at C$10.16.

The newly announced dividend which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be paid a $0.04 dividend. This represents a $0.48 annualized dividend and a yield of 4.66%. The ex-dividend date is Monday, April 29th. Gamehost’s dividend payout ratio (DPR) is 49.48%.

Gamehost Stock Up 0.9 %

The company has a current ratio of 0.73, a quick ratio of 0.54 and a debt-to-equity ratio of 53.10. The firm’s 50 day simple moving average is C$9.83 and its two-hundred day simple moving average is C$9.41. The firm has a market cap of C$219.90 million, a price-to-earnings ratio of 10.61, a PEG ratio of 17.43 and a beta of 1.55.

Gamehost (TSE:GH) last issued its quarterly earnings data on Tuesday, March 12th. The company reported C$0.25 earnings per share for the quarter. Gamehost had a net margin of 25.26% and a return on equity of 19.80%. The business had revenue of C$21.30 million during the quarter. On average, equities analysts forecast that Gamehost Inc. will post 1 EPS for the current 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.