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Gamehost (TSE:GH) Share Price Passes Above 50 Day Moving Average - Should You Sell?

Gamehost logo with Consumer Cyclical background

Shares of Gamehost Inc. (TSE:GH - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$10.06 and traded as high as C$11.25. Gamehost shares last traded at C$11.25, with a volume of 5,246 shares.

Gamehost Price Performance

The firm has a market capitalization of C$238.30 million, a P/E ratio of 12.02, a price-to-earnings-growth ratio of 17.43 and a beta of 1.46. The business has a fifty day moving average of C$10.13 and a 200-day moving average of C$10.29. The company has a debt-to-equity ratio of 44.97, a quick ratio of 0.54 and a current ratio of 0.90.

Gamehost Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, June 13th will be given a $0.05 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.60 dividend on an annualized basis and a yield of 5.29%. Gamehost's dividend payout ratio (DPR) is 50.84%.

About Gamehost

(Get Free Report)

Gamehost Inc, together with its subsidiaries, operates hospitality and gaming properties in Alberta. It operates through Gaming, Hotel, and Food and Beverage segments. The company's gaming activities include the operation of company owned table games, electronic gaming tables, government owned slot machines, video lottery terminals, and lottery ticket kiosks, as well as the provision of food, beverage, and entertainment services.

Further Reading

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