Gamehost (TSE:GH) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Gamehost Inc. (TSE:GH)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$10.43 and traded as low as C$10.39. Gamehost shares last traded at C$10.44, with a volume of 1,776 shares changing hands.

Gamehost Stock 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 firm has a market cap of C$221.97 million, a PE ratio of 10.80, a PEG ratio of 17.43 and a beta of 1.46. The company has a 50-day simple moving average of C$10.49 and a two-hundred day simple moving average of C$10.43.

Gamehost (TSE:GH) last posted its quarterly earnings data on Tuesday, August 13th. The company reported C$0.23 earnings per share (EPS) for the quarter. Gamehost had a return on equity of 19.14% and a net margin of 24.78%. The company had revenue of C$20.30 million during the quarter. As a group, equities research analysts forecast that Gamehost Inc. will post 0.9795918 earnings per share for the current year.

Gamehost Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a $0.04 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.58%. 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.