Gamehost (TSE:GH) Hits New 52-Week Low – Here’s What Happened

Shares of Gamehost Inc. (TSE:GH) reached a new 52-week low during trading on Monday . The stock traded as low as C$9.43 and last traded at C$9.43, with a volume of 2247 shares trading hands. The stock had previously closed at C$9.65.

Gamehost Price Performance

The company has a quick ratio of 0.54, a current ratio of 0.90 and a debt-to-equity ratio of 44.97. The stock’s 50 day moving average price is C$10.23 and its two-hundred day moving average price is C$10.39. The stock has a market cap of C$198.41 million, a price-to-earnings ratio of 10.01, a price-to-earnings-growth ratio of 17.43 and a beta of 1.46.

Gamehost Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 14th were given a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a yield of 6.35%. The ex-dividend date of this dividend was Friday, January 31st. Gamehost’s dividend payout ratio is currently 50.84%.

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.