Gamehost (TSE:GH) Hits New 12-Month High - Here's Why

Key Points

• Gamehost hit a new 52-week high, trading as high as C$13.49 (last C$13.43) and was up 14.9% on the session versus a prior close of C$11.75 on volume of 62,932 shares.
• Company announced a monthly dividend of $0.05 per share (ex-dividend date March 31, payable April 15), implying a roughly 4.4% yield and a dividend payout ratio of 57.7%.
• Recent quarterly results showed EPS of C$0.28 on revenue of C$22.05 million, with a net margin of 25.58% and a current P/E around 12.98 (market cap ~C$279.2M).

Gamehost Inc. (TSE:GH - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The company traded as high as C$13.49 and last traded at C$13.43, with a volume of 62932 shares trading hands. The stock had previously closed at C$11.75.

Gamehost Trading Up 14.9%

The company has a current ratio of 1.15, a quick ratio of 0.54 and a debt-to-equity ratio of 34.93. The stock has a 50 day simple moving average of C$11.76 and a 200-day simple moving average of C$11.77. The firm has a market cap of C$279.18 million, a P/E ratio of 12.98, a P/E/G ratio of 17.43 and a beta of 0.20.

Gamehost (TSE:GH - Get Free Report) last issued its quarterly earnings data on Wednesday, March 11th. The company reported C$0.28 earnings per share (EPS) for the quarter. Gamehost had a return on equity of 18.49% and a net margin of 25.58%.The business had revenue of C$22.05 million for the quarter. On average, equities research analysts expect that Gamehost Inc. will post 0.9795918 EPS for the current fiscal year.

Gamehost Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th will be given a dividend of $0.05 per share. The ex-dividend date is Tuesday, March 31st. This represents a c) annualized dividend and a yield of 4.4%. Gamehost's dividend payout ratio (DPR) is 57.69%.

About Gamehost

Gamehost Inc is operating in hospitality and gaming properties in Alberta, Canada. The company's reportable segments are strategic business units that offer different services like the Gaming segment, which includes casinos offering slot, VLT, lottery, and table games; Hotel segment includes hotels catering to mid-range clients; and The Food and Beverage segment operations that are located within the casinos and hotels as a complement to other segments. It generates a majority of its revenue from the Gaming Segment.

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