Gamehost (TSE:GH) Reaches New 1-Year High – Still a Buy?

Gamehost Inc. (TSE:GH) hit a new 52-week high on Thursday . The company traded as high as C$13.56 and last traded at C$13.52, with a volume of 9600 shares trading hands. The stock had previously closed at C$13.55.

Gamehost Stock Performance

The company has a market capitalization of C$279.59 million, a price-to-earnings ratio of 13.00, a price-to-earnings-growth ratio of 17.43 and a beta of 0.00. The stock has a 50-day simple moving average of C$12.84 and a 200-day simple moving average of C$12.16. The company has a current ratio of 0.98, a quick ratio of 0.54 and a debt-to-equity ratio of 33.30.

Gamehost (TSE:GH) last posted its quarterly earnings data on Tuesday, May 12th. The company reported C$0.15 EPS for the quarter. Gamehost had a net margin of 22.92% and a return on equity of 16.51%. The firm had revenue of C$21.16 million for the quarter. On average, analysts anticipate that Gamehost Inc. will post 0.9795918 earnings per share for the current year.

Gamehost Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 15th were issued a $0.05 dividend. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Thursday, April 30th. Gamehost’s payout ratio is currently 57.69%.

About Gamehost

Gamehost is a corporation incorporated under the laws of the Province of Alberta with its head office located in Red Deer, Alberta. Through its subsidiary, Gamehost Limited Partnership, Gamehost owns and operates: (i) the Great Northern Casino facility located in Grande Prairie, Alberta, (ii) the Rivers Casino and Entertainment Centre located in Fort McMurray, Alberta; (iii) the Deerfoot Inn & Casino facility located in Calgary, Alberta; (iv) the Service Plus Inns & Suites hotel located in Grande Prairie, Alberta, and (v) the Encore Suites by Service Plus extended stay hotel facility located in Grande Prairie, Alberta.