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

Shares of Gamehost Inc. (TSE:GH) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$11.83 and traded as low as C$11.79. Gamehost shares last traded at C$11.79, with a volume of 101 shares changing hands.

Gamehost Trading Down 0.3%

The company has a quick ratio of 0.54, a current ratio of 0.90 and a debt-to-equity ratio of 44.97. The stock’s 50 day moving average is C$11.81 and its 200-day moving average is C$11.83. The company has a market cap of C$243.82 million, a PE ratio of 11.67, a P/E/G ratio of 17.43 and a beta of 0.19.

Gamehost Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, November 14th. Shareholders of record on Friday, November 14th were paid a dividend of $0.05 per share. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Friday, October 31st. Gamehost’s payout ratio is presently 58.42%.

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. It generates a majority of its revenue from the Gaming Segment.