Thinking Of Buying Houston American Energy Corp (AMEX: HUSA) Stock? Read This First

Houston American Energy Corp (AMEX:HUSA) price on Friday, May 02, rose 5.54% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.61.

A look at the stock’s price movement, the close in the last trading session was $0.58, moving within a range at $0.571 and $0.6264. The beta value (5-Year monthly) was 0.582. Turning to its 52-week performance, $3.20 and $0.50 were the 52-week high and 52-week low respectively. Overall, HUSA moved -18.67% over the past month.

Houston American Energy Corp’s market cap currently stands at around $9.57 million, with investors looking forward to this quarter’s earnings report slated for on 2012-Nov-09.

Turning to the stock’s technical picture we see that short term indicators suggest on average that HUSA is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.

3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend HUSA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.

HUSA’s current price about 5.84% and -27.03% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 41.57, while 7-day volatility ratio is 9.17% and 11.19% in the 30-day chart. Further, Houston American Energy Corp (HUSA) has a beta value of 0.48, and an average true range (ATR) of 0.06.

If we refocus on Houston American Energy Corp (AMEX:HUSA), historical trading data shows that trading volumes averaged 0.27 over the past 10 days and 399.93K over the past 3 months. The company’s latest data on shares outstanding shows there are 13.09 million shares.

The 19.33% of Houston American Energy Corp’s shares are in the hands of company insiders while institutional holders own 17.64% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.53 million on 2025-04-15, giving us a short ratio of 1.32. The data shows that as of 2025-04-15 short interest in Houston American Energy Corp (HUSA) stood at 403.0 of shares outstanding, with shares short falling to 0.88 million registered in 2025-03-14. Current price change has pushed the stock -52.71% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HUSA stock continues to rise going into the next quarter.

Most Popular