Gamehost (TSE:GH) Sets New 1-Year High – Time to Buy?

Gamehost Inc. (TSE:GH) reached a new 52-week high on Wednesday . The company traded as high as C$10.73 and last traded at C$10.73, with a volume of 23095 shares. The stock had previously closed at C$10.60.

Gamehost Stock Down 0.7 %

The company has a debt-to-equity ratio of 47.11, a current ratio of 0.83 and a quick ratio of 0.54. The company has a market capitalization of C$225.57 million, a price-to-earnings ratio of 10.98, a P/E/G ratio of 17.43 and a beta of 1.46. The firm’s fifty day moving average price is C$10.51 and its 200-day moving average price is C$10.44.

Gamehost (TSE:GH) last released its quarterly earnings results on Tuesday, August 13th. The company reported C$0.23 earnings per share (EPS) for the quarter. Gamehost had a net margin of 24.78% and a return on equity of 19.14%. The firm had revenue of C$20.30 million during the quarter. Sell-side analysts expect that Gamehost Inc. will post 0.9795918 earnings per share for the current fiscal year.

Gamehost Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a yield of 4.51%. The ex-dividend date is Thursday, October 31st. Gamehost’s payout ratio is presently 49.48%.

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.