Gamehost (TSE:GH) Hits New 1-Year High – Here’s What Happened

Gamehost Inc. (TSE:GH)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$13.62 and last traded at C$13.62, with a volume of 500 shares traded. The stock had previously closed at C$13.62.

Gamehost Price Performance

The stock’s fifty day moving average price is C$13.47 and its 200 day moving average price is C$12.44. The stock has a market cap of C$281.66 million, a P/E ratio of 14.65, a price-to-earnings-growth ratio of 17.43 and a beta of 0.03. The company has a current ratio of 0.98, a quick ratio of 0.54 and a debt-to-equity ratio of 33.30.

Gamehost (TSE:GH) last posted its quarterly earnings data on Tuesday, May 12th. The company reported C$0.15 earnings per share (EPS) for the quarter. Gamehost had a return on equity of 16.51% and a net margin of 22.92%.The business had revenue of C$21.16 million during the quarter. As a group, research analysts forecast that Gamehost Inc. will post 0.9795918 earnings per share for the current fiscal year.

Gamehost Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 15th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, April 30th. This represents a c) annualized dividend and a yield of 4.4%. Gamehost’s dividend payout ratio is 64.52%.

Gamehost Company Profile

Gamehost is a corporation incorporated under the laws of the Province of Alberta with its head office located in Red Deer, Alberta. Through its subsidiary, Gamehost Limited Partnership, Gamehost owns and operates: (i) the Great Northern Casino facility located in Grande Prairie, Alberta, (ii) the Rivers Casino and Entertainment Centre located in Fort McMurray, Alberta; (iii) the Deerfoot Inn & Casino facility located in Calgary, Alberta; (iv) the Service Plus Inns & Suites hotel located in Grande Prairie, Alberta, and (v) the Encore Suites by Service Plus extended stay hotel facility located in Grande Prairie, Alberta.