Gamehost (TSE:GH) Reaches New 52-Week High – Should You Buy?

Gamehost Inc. (TSE:GH)’s stock price reached a new 52-week high on Thursday . The stock traded as high as C$13.60 and last traded at C$13.60, with a volume of 1404 shares trading hands. The stock had previously closed at C$13.55.

Gamehost Stock Performance

The firm’s 50 day moving average price is C$13.45 and its two-hundred day moving average price is C$12.38. The firm has a market cap of C$281.25 million, a PE ratio of 14.62, a PEG ratio of 17.43 and a beta of 0.03. The company has a debt-to-equity ratio of 33.30, a quick ratio of 0.54 and a current ratio of 0.98.

Gamehost (TSE:GH) last released its quarterly earnings results on Tuesday, May 12th. The company reported C$0.15 EPS for the quarter. Gamehost had a net margin of 22.92% and a return on equity of 16.51%. The firm had revenue of C$21.16 million for the quarter. On average, research analysts forecast 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 paid a $0.05 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Thursday, April 30th. Gamehost’s dividend 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.