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

Shares of Gamehost Inc. (TSE:GH) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$10.43 and traded as low as C$10.18. Gamehost shares last traded at C$10.30, with a volume of 1,600 shares traded.

Gamehost Stock Performance

The stock’s fifty day simple moving average is C$10.31 and its two-hundred day simple moving average is C$10.42. The company has a market cap of C$213.11 million, a price-to-earnings ratio of 10.75, a price-to-earnings-growth ratio of 17.43 and a beta of 1.46. The company has a debt-to-equity ratio of 44.97, a quick ratio of 0.54 and a current ratio of 0.90.

Gamehost Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 14th were paid a dividend of $0.05 per share. The ex-dividend date was Friday, January 31st. This represents a $0.60 annualized dividend and a yield of 5.91%. Gamehost’s dividend payout ratio is presently 50.84%.

Gamehost Company Profile

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.