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

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

Gamehost Stock Performance

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. The stock has a 50 day simple moving average of C$13.47 and a 200 day simple moving average of C$12.44.

Gamehost (TSE:GH) last announced its quarterly earnings results on Tuesday, May 12th. The company reported C$0.15 earnings per share (EPS) for the quarter. The company had revenue of C$21.16 million for the quarter. Gamehost had a net margin of 22.92% and a return on equity of 16.51%. On average, equities analysts expect that Gamehost Inc. will post 0.9795918 earnings per share for the current year.

Gamehost Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 15th were issued a dividend of $0.05 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Thursday, April 30th. Gamehost’s 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.