Gamehost (TSE:GH) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Gamehost Inc. (TSE:GH) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$10.51 and traded as high as C$10.55. Gamehost shares last traded at C$10.55, with a volume of 3,500 shares trading hands.

Gamehost Stock Up 0.5 %

The company has a market capitalization of C$223.45 million, a P/E ratio of 10.88, a price-to-earnings-growth ratio of 17.43 and a beta of 1.46. The company has a 50-day moving average of C$10.62 and a two-hundred day moving average of C$10.51. The company has a quick ratio of 0.54, a current ratio of 0.83 and a debt-to-equity ratio of 47.11.

Gamehost Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, December 13th were issued a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.69%. The ex-dividend date of this dividend was Friday, November 29th. This is a boost from Gamehost’s previous monthly dividend of $0.04. Gamehost’s payout ratio is 49.48%.

Gamehost Company Profile

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.