Gamehost (TSE:GH) Sets New 12-Month High – Here’s Why

Gamehost Inc. (TSE:GH)’s share price reached 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 trading hands. The stock had previously closed at C$10.89.

Gamehost Stock Down 1.7 %

The stock has a market capitalization of C$226.84 million, a price-to-earnings ratio of 11.23, a price-to-earnings-growth ratio of 17.43 and a beta of 1.46. The company has a quick ratio of 0.54, a current ratio of 0.83 and a debt-to-equity ratio of 47.11. The stock has a 50 day moving average price of C$10.58 and a 200 day moving average price of C$10.47.

Gamehost Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were given a dividend of $0.04 per share. The ex-dividend date was Thursday, October 31st. This represents a $0.48 annualized dividend and a yield of 4.48%. Gamehost’s dividend payout ratio is presently 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.