Gamehost (TSE:GH) Stock Passes Below 200 Day Moving Average – Here’s Why

Gamehost Inc. (TSE:GH) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$11.69 and traded as low as C$11.65. Gamehost shares last traded at C$11.70, with a volume of 11,000 shares.

Gamehost Stock Up 0.1%

The firm’s fifty day simple moving average is C$11.73 and its 200-day simple moving average is C$11.69. The company has a market cap of C$241.96 million, a PE ratio of 11.82, a P/E/G ratio of 17.43 and a beta of 0.04. The company has a quick ratio of 0.54, a current ratio of 0.90 and a debt-to-equity ratio of 44.97.

Gamehost Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, November 14th. Shareholders of record on Friday, November 14th were issued a dividend of $0.05 per share. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Friday, October 31st. Gamehost’s dividend payout ratio is 56.57%.

About Gamehost

Gamehost Inc is operating in hospitality and gaming properties in Alberta, Canada. The company’s reportable segments are strategic business units that offer different services like the Gaming segment, which includes casinos offering slot, VLT, lottery, and table games; Hotel segment includes hotels catering to mid-range clients; and The Food and Beverage segment operations that are located within the casinos and hotels as a complement to other segments.