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

Gamehost Inc. (TSE:GH)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$10.51 and traded as low as C$10.15. Gamehost shares last traded at C$10.15, with a volume of 900 shares trading hands.

Gamehost Stock Up 0.5 %

The stock has a market cap of C$214.98 million, a P/E ratio of 10.46, a P/E/G ratio of 17.43 and a beta of 1.46. The company has a quick ratio of 0.54, a current ratio of 0.83 and a debt-to-equity ratio of 47.11. The company has a 50-day simple moving average of C$10.52 and a two-hundred day simple moving average of C$10.51.

Gamehost Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, December 13th were issued a dividend of $0.05 per share. This is a positive change from Gamehost’s previous monthly dividend of $0.04. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.91%. The ex-dividend date of this dividend was Friday, November 29th. Gamehost’s dividend payout ratio is currently 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.