Gamehost (TSE:GH) Sets New 1-Year High at $10.55

Gamehost Inc. (TSE:GH)’s stock price hit a new 52-week high on Thursday . The company traded as high as C$10.55 and last traded at C$10.53, with a volume of 5500 shares. The stock had previously closed at C$10.50.

Analysts Set New Price Targets

Separately, Acumen Capital raised their target price on shares of Gamehost from C$13.75 to C$14.00 in a report on Friday, May 10th.

Gamehost Stock Up 1.0 %

The business’s 50 day moving average is C$10.51 and its 200 day moving average is C$10.11. The company has a debt-to-equity ratio of 48.34, a quick ratio of 0.54 and a current ratio of 0.78. The stock has a market cap of C$226.10 million, a price-to-earnings ratio of 10.82, a price-to-earnings-growth ratio of 17.43 and a beta of 1.53.

Gamehost Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 13th. Investors of record on Saturday, August 31st will be paid a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date of this dividend is Friday, August 30th. Gamehost’s dividend payout ratio is 48.98%.

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.