The stock has a 36-month beta value of 0.50. Opinions on the stock are mixed, 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 at present, short sellers hold a 2.53% of that float. On April 22, 2024, the average trading volume of HUSA was 544.79K shares.
HUSA) stock’s latest price update
Houston American Energy Corp (AMEX: HUSA)’s stock price has soared by 14.37 in relation to previous closing price of 1.67. Nevertheless, the company has seen a loss of -11.57% in its stock price over the last five trading days. MarketBeat reported 2024-04-15 that WTI Crude Oil has continued its rise as tensions escalate in the Middle East due to ongoing developments and significant uncertainties. Year-to-date, Crude Oil futures have risen over 20%, climbing from almost $70 to just over $85 at Friday’s close.
HUSA’s Market Performance
Houston American Energy Corp (HUSA) has seen a -11.57% fall in stock performance for the week, with a 42.54% gain in the past month and a 22.44% surge in the past quarter. The volatility ratio for the week is 20.54%, and the volatility levels for the past 30 days are at 14.01% for HUSA. The simple moving average for the past 20 days is 19.43% for HUSA’s stock, with a 5.08% 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 31.46% 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 -32.03% of loss for the given period.
Volatility was left at 14.01%, however, over the last 30 days, the volatility rate increased by 20.54%, as shares surge +40.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.57% upper at present.
During the last 5 trading sessions, HUSA fell by -11.57%, which changed the moving average for the period of 200-days by -8.17% in comparison to the 20-day moving average, which settled at $1.6267. In addition, Houston American Energy Corp saw 6.70% 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 21.31. 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 sum up, Houston American Energy Corp (HUSA) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
