Houston American Energy Corp (HUSA) saw an uptrend of 4.32% in the recent trading with $1.45 being its most recent. The current price level -43.59% lower than the highest price of $2.57 marked by the stock while trading over the past 52-weeks, whereas it is 50.95% higher than the lowest price of $0.96 the company dropped to over past 52-weeks. The latest news story on HUSA appeared in (GlobeNewswire) under the title “Houston American Energy Corp. Announces First Phase of Strategic Acquisitions to Accelerate Growth and Transformation”.
Squeezing the time span to 30 day period shows us the stock is currently trading -2.68% below one month high and is +22.88% above of the lowest during that time. Looking into the simple moving average, Houston American Energy Corp (HUSA)’s stock stands at a SMA-50 of $1.3498 while that of 5-day is reading $1.3680.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and HUSA’s SMA-200 as of now is $1.3363.
Houston American Energy Corp Earnings – What Happened With HUSA
Coming around sales and income figures on HUSA Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
HUSA – Houston American Energy Corp Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 10.91 million. HUSA does have institutional investors; and they hold 9.55% of the stock.
Houston American Energy Corp – Insider Activity and Holdings
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in Houston American Energy Corp (AMEX:HUSA) with an ownership of 0.37 million shares of the company or 3.376 of the stake worth $0.47 million. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 2.9442 of the outstanding shares. Its stake is worth $0.41 million for having 0.32 million shares in hand.
GEODE CAPITAL MANAGEMENT, LLC also came holding a key position in the company during the recent quarter and it now holds 0.8832 of the outstanding shares. With this there are now 26.0 institutions which have possession in HUSA’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Houston American Energy Corp has a debt to equity ratio of 0.01.
Technical Analysis of Houston American Energy Corp (AMEX:HUSA) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Houston American Energy Corp (HUSA), we notice that the stock’s 20-day average volume is at 243,910 shares. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 364,944 shares. And to end, HUSA’s 100-day average volume is 724,053 shares with 50% of the long-term indicators pointing towards Buy for the stock.
