Houston American Energy Corp. (AMEX:HUSA) price closed higher on Monday, September 13, jumping 12.17% above its previous close.
A look at the daily price movement shows that the last close reads $1.89, with intraday deals fluctuated between $1.85 and $2.22. The company’s 5Y monthly beta was ticking 0.33. Taking into account the 52-week price action we note that the stock hit a 52-week high of $6.36 and 52-week low of $0.86. The stock added 23.98% on its value in the past month.
Houston American Energy Corp., which has a market valuation of $21.09 million, is expected to release its quarterly earnings report Nov 11, 2021 – Nov 15, 2021.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give HUSA a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Buy.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned HUSA a recommendation rating as follows: 1 rate it as a Hold; 0 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Houston American Energy Corp. (HUSA) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Hold, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that HUSA’s price is at present 21.70% off the SMA20 and 18.03% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 73.65, with weekly volatility standing at 7.45%. The indicator jumps to 5.71% when calculated based on the past 30 days. Houston American Energy Corp. (AMEX:HUSA)’s beta value is holding at 0.32, while the average true range (ATR) indicator is currently reading 0.10. Considering analysts have assigned the stock a price target range of $137.50-$137.50 as the low and high respectively, we find the trailing 12-month average consensus price target to be $137.50. Based on this estimate, we see that current price is roughly -6385.85% off the estimated low and -6385.85% off the forecast high. Investors will no doubt be excited to see the share price fall to $137.50, which is the median consensus price, and at that level HUSA would be -6385.85% from current price.
Turning out attention to how the Houston American Energy Corp. stock has performed in comparison to its peers in the industry, here’s what we find: HUSA’s stock is 12.17% on the day and 130.26% in the past 12 months, while APA Corporation (APA) traded 7.81% in the last session and was positioned 69.54% up on its price 12 months ago. Another comparison is with EOG Resources Inc. (EOG) whose stock price was up 4.39% in the last trading session, and has flourished 81.77% over the past year. Also, Occidental Petroleum Corporation (OXY) showed up trend of 6.69% while its price kept floating at 160.76% over the past year. Elsewhere in the market, the S&P 500 Index has rallied 0.23% in last trading session, with the Dow Jones Industrial also saw a positive session on the day with 0.76%.
An analysis of the Houston American Energy Corp. (AMEX:HUSA) stock in terms of its daily trading volume indicates that the 3-month average is 1.53 million.
Current records show that the company has 9.92M in outstanding shares. The insiders’ percentage holdings are 8.28% of outstanding shares while the percentage share held by institutions stands at 2.86%. But the 21.14% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.