Gamehost (TSE:GH) Shares Cross Below 200-Day Moving Average – Here’s Why

Gamehost Inc. (TSE:GH) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$10.47 and traded as low as C$10.40. Gamehost shares last traded at C$10.43, with a volume of 1,800 shares trading hands.

Gamehost Price Performance

The firm has a market capitalization of C$218.99 million, a price-to-earnings ratio of 11.05, a PEG ratio of 17.43 and a beta of 1.46. The company has a debt-to-equity ratio of 44.97, a current ratio of 0.90 and a quick ratio of 0.54. The stock has a 50 day moving average price of C$10.29 and a two-hundred day moving average price of C$10.47.

Gamehost Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were paid a dividend of $0.05 per share. The ex-dividend date was Friday, January 31st. This represents a $0.60 annualized dividend and a yield of 5.75%. Gamehost’s payout ratio is 50.84%.

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.