Gamehost (TSE:GH) Reaches New 12-Month High - What's Next?

Key Points

• New 52-week high: Gamehost reached a 52-week high of C$13.51 (last trade C$13.50) on Friday, trading up about 0.5% with the 50-day and 200-day moving averages at C$12.61 and C$12.09 respectively.
• Solid profitability and valuation: The company has a market cap around C$279M, a P/E of 12.97, a net margin of 25.6% and ROE of 18.5%, alongside a debt-to-equity of 34.9%.
• Income for investors: Gamehost declared a monthly dividend of $0.05 (ex-dividend April 30, payable May 15), implying a roughly 4.4% yield and a payout ratio near 57.7%.

Gamehost Inc. (TSE:GH - Get Free Report) hit a new 52-week high on Friday . The company traded as high as C$13.51 and last traded at C$13.50, with a volume of 5109 shares trading hands. The stock had previously closed at C$13.42.

Gamehost Trading Up 0.5%

The business's 50-day moving average price is C$12.61 and its 200-day moving average price is C$12.09. The firm has a market capitalization of C$278.97 million, a PE ratio of 12.97, a price-to-earnings-growth ratio of 17.43 and a beta of 0.00. The company has a debt-to-equity ratio of 34.93, a current ratio of 1.15 and a quick ratio of 0.54.

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

Gamehost Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 15th will be given a $0.05 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Thursday, April 30th. Gamehost's payout ratio 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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