The stock price of Houston American Energy Corp (AMEX: HUSA) has jumped by 17.05 compared to previous close of 1.41. Despite this, the company has seen a gain of 21.77% in its stock price over the last five trading days. Benzinga reported 2022-08-23 that Shares of small-cap penny stock Houston American Energy Corporation (NASDAQ: HUSA) are trading higher by 16.3% at $5.10. The stock has also been trending amid retail investors on social media.
Is It Worth Investing in Houston American Energy Corp (AMEX: HUSA) Right Now?
Additionally, the 36-month beta value for HUSA is 0.58. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for HUSA is 10.05M and currently, short sellers hold a 3.09% ratio of that float. The average trading volume of HUSA on April 02, 2024 was 91.41K shares.
HUSA’s Market Performance
HUSA’s stock has seen a 21.77% increase for the week, with a 24.06% rise in the past month and a -7.82% fall in the past quarter. The volatility ratio for the week is 5.32%, and the volatility levels for the past 30 days are at 4.63% for Houston American Energy Corp. The simple moving average for the past 20 days is 24.65% for HUSA’s stock, with a -10.51% simple moving average for the past 200 days.
Analysts’ Opinion of HUSA
C.K. Cooper, on the other hand, stated in their research note that they expect to see HUSA reach a price target of $4. The rating they have provided for HUSA stocks is “Buy” according to the report published on May 04th, 2012.
HUSA Trading at 16.92% from the 50-Day Moving Average
After a stumble in the market that brought HUSA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -47.12% of loss for the given period.
Volatility was left at 4.63%, however, over the last 30 days, the volatility rate increased by 5.32%, as shares surge +23.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.87% upper at present.
During the last 5 trading sessions, HUSA rose by +20.74%, which changed the moving average for the period of 200-days by -26.31% in comparison to the 20-day moving average, which settled at $1.3395. In addition, Houston American Energy Corp saw -7.82% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HUSA starting from SCHOONOVER JAMES A, who purchase 15,000 shares at the price of $2.23 back on May 18 ’23. After this action, SCHOONOVER JAMES A now owns 172,976 shares of Houston American Energy Corp, valued at $33,525 using the latest closing price.
Stock Fundamentals for HUSA
Current profitability levels for the company are sitting at:
- -1.76 for the present operating margin
- 0.27 for the gross margin
The net margin for Houston American Energy Corp stands at 0.26. The total capital return value is set at -0.11. Equity return is now at value -1.42, with -1.35 for asset returns.
Based on Houston American Energy Corp (HUSA), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 1.13. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 3.96.
Currently, EBITDA for the company is -0.48 million with net debt to EBITDA at 3.33. When we switch over and look at the enterprise to sales, we see a ratio of 15.59. The receivables turnover for the company is 2.49for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.27.
Conclusion
In conclusion, Houston American Energy Corp (HUSA) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
