Gamehost (TSE:GH) Reaches New 12-Month High – Still a Buy?

Gamehost Inc. (TSE:GH) shares reached a new 52-week high during trading on Monday . The company traded as high as C$12.10 and last traded at C$12.10, with a volume of 3433 shares. The stock had previously closed at C$11.93.

Gamehost Price Performance

The firm has a market capitalization of C$254.05 million, a PE ratio of 12.82, a P/E/G ratio of 17.43 and a beta of 1.46. The company has a current ratio of 0.90, a quick ratio of 0.54 and a debt-to-equity ratio of 44.97. The company has a fifty day moving average price of C$10.47 and a two-hundred day moving average price of C$10.33.

Gamehost Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, June 13th. Investors of record on Friday, June 13th were paid a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date was Friday, May 30th. Gamehost’s dividend payout ratio is currently 50.84%.

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.