Gamehost (TSE:GH) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

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$10.50 and traded as low as C$10.15. Gamehost shares last traded at C$10.26, with a volume of 3,360 shares.

Gamehost Stock Up 1.1 %

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 business has a 50-day simple moving average of C$10.47 and a 200-day simple moving average of C$10.50. The company has a market cap of C$217.31 million, a PE ratio of 10.58, a P/E/G ratio of 17.43 and a beta of 1.46.

Gamehost Increases Dividend

The firm also recently announced 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 a positive change 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 5.85%. Gamehost’s dividend payout ratio (DPR) is 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.