The -13.88% Decline of Houston American Energy Corp’s (HUSA) Stock in the Past Quarter

In the past week, HUSA stock has gone up by 23.43%, with a monthly gain of 67.44% and a quarterly surge of 31.71%. The volatility ratio for the week is 18.71%, and the volatility levels for the last 30 days are 10.45% for Houston American Energy Corp The simple moving average for the past 20 days is 50.13% for HUSA’s stock, with a 18.63% simple moving average for the past 200 days.

Is It Worth Investing in Houston American Energy Corp (AMEX: HUSA) Right Now?

Moreover, the 36-month beta value for HUSA is 0.56. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for HUSA is 10.05M and currently, short sellers hold a 2.53% of that float. On April 15, 2024, HUSA’s average trading volume was 166.25K shares.

HUSA) stock’s latest price update

Houston American Energy Corp (AMEX: HUSA)’s stock price has increased by 35.00 compared to its previous closing price of 1.60. However, the company has seen a 23.43% increase in its stock price over the last five trading sessions. 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.

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 53.44% 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 -24.74% of loss for the given period.

Volatility was left at 10.45%, however, over the last 30 days, the volatility rate increased by 18.71%, as shares surge +62.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +39.35% upper at present.

During the last 5 trading sessions, HUSA rose by +23.43%, which changed the moving average for the period of 200-days by +3.35% in comparison to the 20-day moving average, which settled at $1.48. In addition, Houston American Energy Corp saw 20.67% in overturn over a single year, with a tendency to cut further gains.

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:

  • -2.14 for the present operating margin
  • 0.19 for the gross margin

The net margin for Houston American Energy Corp stands at -3.59. The total capital return value is set at -0.17. Equity return is now at value -30.13, with -29.05 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 1.8.

Currently, EBITDA for the company is -1.46 million with net debt to EBITDA at 2.67. When we switch over and look at the enterprise to sales, we see a ratio of 24.74. The receivables turnover for the company is 11.07for trailing twelve months and the total asset turnover is 0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 16.74.

Conclusion

To wrap up, the performance of Houston American Energy Corp (HUSA) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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