Gamehost (TSE:GH) Reaches New 52-Week High – Still a Buy?

Shares of Gamehost Inc. (TSE:GH) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$13.49 and last traded at C$13.43, with a volume of 62932 shares trading hands. The stock had previously closed at C$11.75.

Gamehost Trading Up 14.9%

The stock has a market cap of C$279.18 million, a PE ratio of 12.98, a PEG ratio of 17.43 and a beta of 0.20. The company has a debt-to-equity ratio of 34.93, a quick ratio of 0.54 and a current ratio of 1.15. The stock has a fifty day moving average price of C$11.76 and a 200 day moving average price of C$11.77.

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

Gamehost Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th will be issued a $0.05 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Tuesday, March 31st. Gamehost’s dividend payout ratio (DPR) 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.