Gamehost (TSE:GH) Sets New 12-Month High – Time to Buy?

Gamehost Inc. (TSE:GH)’s stock price reached a new 52-week high on Thursday . The company traded as high as C$13.56 and last traded at C$13.56, with a volume of 6801 shares changing hands. The stock had previously closed at C$13.47.

Gamehost Stock Performance

The stock has a market cap of C$280.42 million, a P/E ratio of 14.58, a price-to-earnings-growth 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. The firm’s 50 day moving average is C$13.31 and its 200 day moving average is C$12.32.

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

Gamehost Dividend Announcement

The business also recently announced 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) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Thursday, April 30th. Gamehost’s payout ratio is currently 64.52%.

About Gamehost

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.