Gamehost (TSE:GH) Share Price Passes Below 200 Day Moving Average – Time to Sell?

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$10.49 and traded as low as C$10.19. Gamehost shares last traded at C$10.30, with a volume of 8,894 shares.

Gamehost Stock Up 0.2 %

The firm has a market capitalization of C$218.15 million, a price-to-earnings ratio of 10.62, a price-to-earnings-growth ratio of 17.43 and a beta of 1.46. The business’s 50 day moving average is C$10.43 and its 200-day moving average is C$10.49. The company has a debt-to-equity ratio of 47.11, a quick ratio of 0.54 and a current ratio of 0.83.

Gamehost (TSE:GH) last released its earnings results on Tuesday, November 12th. The company reported C$0.24 EPS for the quarter. Gamehost had a net margin of 24.78% and a return on equity of 19.14%. Equities analysts anticipate that Gamehost Inc. will post 0.9795918 EPS for the current fiscal year.

Gamehost Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.05 per share. The ex-dividend date is Friday, January 31st. This represents a $0.60 annualized dividend and a dividend yield of 5.83%. Gamehost’s dividend payout ratio (DPR) is currently 49.48%.

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.