In the past week, HUSA stock has gone up by 2.00%, with a monthly gain of 30.77% and a quarterly plunge of -0.65%. The volatility ratio for the week is 13.45%, and the volatility levels for the last 30 days are 8.78% for Houston American Energy Corp The simple moving average for the past 20 days is 20.52% for HUSA’s stock, with a 0.56% simple moving average for the past 200 days.
Is It Worth Investing in Houston American Energy Corp (AMEX: HUSA) Right Now?
The 36-month beta value for HUSA is at 0.50. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for HUSA is 10.05M, and currently, shorts hold a 5.07% of that float. The average trading volume for HUSA on August 13, 2024 was 329.18K shares.
HUSA) stock’s latest price update
Houston American Energy Corp (AMEX: HUSA)’s stock price has soared by 15.91 in relation to previous closing price of 1.32. Nevertheless, the company has seen a gain of 2.00% in its stock price over the last five trading days. globenewswire.com reported 2024-06-17 that Houston, TX., June 17, 2024 (GLOBE NEWSWIRE) — Houston American Energy Corp. (NYSE American: HUSA) today announced plans to participate in the drilling of six wells, each well consisting of an approximate 3 mile lateral, on the State Finkle Unit in the Wolfcamp formation in Reeves County, Texas.
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 21.71% 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 -45.55% of loss for the given period.
Volatility was left at 8.78%, however, over the last 30 days, the volatility rate increased by 13.45%, as shares surge +29.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.79% upper at present.
During the last 5 trading sessions, HUSA rose by +2.00%, which changed the moving average for the period of 200-days by -29.82% in comparison to the 20-day moving average, which settled at $1.2870. In addition, Houston American Energy Corp saw -14.53% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for HUSA
Current profitability levels for the company are sitting at:
- -2.6 for the present operating margin
- 0.05 for the gross margin
The net margin for Houston American Energy Corp stands at -4.68. The total capital return value is set at -0.18. Equity return is now at value -29.69, with -28.59 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 2.86. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -5.07.
Currently, EBITDA for the company is -1.46 million with net debt to EBITDA at 2.23. When we switch over and look at the enterprise to sales, we see a ratio of 18.36. The receivables turnover for the company is 26.19for trailing twelve months and the total asset turnover is 0.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 11.27.
Conclusion
In conclusion, Houston American Energy Corp (HUSA) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
