Gamehost (TSE:GH) Reaches New 52-Week High – What’s Next?

Gamehost Inc. (TSE:GH) hit a new 52-week high on Thursday . The company traded as high as C$13.56 and last traded at C$13.52, with a volume of 9600 shares trading hands. The stock had previously closed at C$13.55.

Gamehost Stock Down 0.1%

The firm has a market cap of C$279.80 million, a price-to-earnings ratio of 13.01, a price-to-earnings-growth ratio of 17.43 and a beta of 0.00. The company has a quick ratio of 0.54, a current ratio of 1.15 and a debt-to-equity ratio of 34.93. The stock’s 50 day moving average is C$12.76 and its 200 day moving average is C$12.14.

Gamehost (TSE:GH) last released its earnings results on Tuesday, May 12th. The company reported C$0.15 earnings per share (EPS) for the quarter. The firm had revenue of C$21.16 million for the quarter. Gamehost had a return on equity of 18.49% and a net margin of 25.58%. Analysts forecast that Gamehost Inc. will post 0.9795918 EPS for the current year.

Gamehost Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 15th will be given a dividend of $0.05 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Thursday, April 30th. Gamehost’s payout ratio is presently 57.69%.

About Gamehost

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.