Gamehost (TSE:GH) Hits New 52-Week High - Still a Buy?

Gamehost Inc. (TSE:GH - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The company traded as high as C$12.60 and last traded at C$12.60, with a volume of 550 shares changing hands. The stock had previously closed at C$12.54.

Gamehost Price Performance

The business has a 50-day moving average price of C$11.25 and a 200 day moving average price of C$10.53. The company has a market cap of C$263.29 million, a price-to-earnings ratio of 13.28, a P/E/G ratio of 17.43 and a beta of 1.46. The company has a current ratio of 0.90, a quick ratio of 0.54 and a debt-to-equity ratio of 44.97.

Gamehost Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.78%. Gamehost's dividend payout ratio (DPR) is presently 50.84%.

Gamehost Company Profile

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.