Houston American Energy Corp (AMEX:HUSA) price closed higher on Friday, April 12, jumping 35.00% above its previous close.
A look at the daily price movement shows that the last close reads $1.60. The company’s 5Y monthly beta was ticking 0.59. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.87 and 52-week low of $1.27. The stock added 67.44% on its value in the past month.
Houston American Energy Corp, which has a market valuation of $23.57 million, is expected to release its quarterly earnings report May 13, 2024 – May 17, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give HUSA a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that HUSA’s price is at present 50.13% off the SMA20 and 53.44% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 74.21, with weekly volatility standing at 18.71%. The indicator jumps to 10.45% when calculated based on the past 30 days. Houston American Energy Corp (AMEX:HUSA)’s beta value is holding at 0.56, while the average true range (ATR) indicator is currently reading 0.19. An analysis of the Houston American Energy Corp (AMEX:HUSA) stock in terms of its daily trading volume indicates that the 3-month average is 166.25K.
Current records show that the company has 10.91M in outstanding shares. The insiders’ percentage holdings are 7.81% of outstanding shares while the percentage share held by institutions stands at 12.18%. But the 20.67% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
