Gamehost (TSE:GH) Shares Pass Below 200-Day Moving Average – What’s Next?

Gamehost Inc. (TSE:GH) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$10.50 and traded as low as C$10.15. Gamehost shares last traded at C$10.26, with a volume of 3,360 shares.

Gamehost Stock Performance

The company has a debt-to-equity ratio of 47.11, a quick ratio of 0.54 and a current ratio of 0.83. The firm’s 50-day moving average price is C$10.47 and its two-hundred day moving average price is C$10.50. The stock has a market cap of C$217.31 million, a price-to-earnings ratio of 10.58, a PEG ratio of 17.43 and a beta of 1.46.

Gamehost Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, December 13th were paid a $0.05 dividend. This is a boost from Gamehost’s previous monthly dividend of $0.04. The ex-dividend date was Friday, November 29th. This represents a $0.60 annualized dividend and a dividend yield of 5.85%. Gamehost’s dividend 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.