Gamehost (TSE:GH) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Gamehost Inc. (TSE:GH) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$10.51 and traded as low as C$10.15. Gamehost shares last traded at C$10.15, with a volume of 900 shares.

Gamehost Price Performance

The company has a quick ratio of 0.54, a current ratio of 0.83 and a debt-to-equity ratio of 47.11. The company has a market capitalization of C$212.86 million, a PE ratio of 10.36, a price-to-earnings-growth ratio of 17.43 and a beta of 1.46. The firm’s 50 day simple moving average is C$10.51 and its 200 day simple moving average is C$10.51.

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 given a dividend of $0.05 per share. This is an increase from Gamehost’s previous monthly dividend of $0.04. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.97%. Gamehost’s dividend payout ratio is presently 49.48%.

About Gamehost

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.