Gamehost (TSE:GH) Shares Cross Below 200-Day Moving Average – Here’s Why

Gamehost Inc. (TSE:GH)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$10.47 and traded as low as C$10.40. Gamehost shares last traded at C$10.43, with a volume of 1,800 shares changing hands.

Gamehost Stock Performance

The company has a debt-to-equity ratio of 44.97, a quick ratio of 0.54 and a current ratio of 0.90. The company has a market capitalization of C$218.99 million, a price-to-earnings ratio of 11.05, a P/E/G ratio of 17.43 and a beta of 1.46. The firm has a 50-day simple moving average of C$10.29 and a two-hundred day simple moving average of C$10.47.

Gamehost Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were paid a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a yield of 5.75%. The ex-dividend date was Friday, January 31st. Gamehost’s payout ratio is currently 50.84%.

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.