Gamehost (TSE:GH) Hits New 12-Month High at $10.55

Gamehost Inc. (TSE:GH) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$10.55 and last traded at C$10.53, with a volume of 5500 shares changing hands. The stock had previously closed at C$10.50.

Analysts Set New Price Targets

Separately, Acumen Capital raised their price objective on Gamehost from C$13.75 to C$14.00 in a research report on Friday, May 10th.

Gamehost Trading Down 0.5 %

The stock has a 50-day simple moving average of C$10.52 and a 200 day simple moving average of C$10.12. The company has a current ratio of 0.83, a quick ratio of 0.54 and a debt-to-equity ratio of 47.11. The company has a market cap of C$223.34 million, a price-to-earnings ratio of 10.88, a PEG ratio of 17.43 and a beta of 1.53.

Gamehost Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, September 13th. Shareholders of record on Saturday, August 31st will be given a dividend of $0.04 per share. The ex-dividend date is Friday, August 30th. This represents a $0.48 dividend on an annualized basis and a yield of 4.55%. Gamehost’s dividend payout ratio is currently 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.