Houston American Energy Corp (AMEX: HUSA): Getting A Free Pass?

Houston American Energy Corp (AMEX:HUSA) shares, rose in value on Thursday, April 16, with the stock price up by 3.94% to the previous day’s close as strong demand from buyers drove the stock to $0.57.

Actively observing the price movement in the last trading, the stock closed the session at $0.55, falling within a range of $0.55 and $0.5865. The value of beta (5-year monthly) was 0.582. Referring to stock’s 52-week performance, its high was $3.20, and the low was $0.50. On the whole, HUSA has fluctuated by -48.84% over the past month.

With the market capitalization of Houston American Energy Corp currently standing at about $8.99 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2012-Nov-09.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HUSA’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the price of HUSA currently trading nearly -17.90% and -42.41% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 29.02, while the 7-day volatility ratio is showing 8.33% which for the 30-day chart, stands at 11.61%. Furthermore, Houston American Energy Corp (HUSA)’s beta value is 0.52, and its average true range (ATR) is 0.08.

A comparison of Houston American Energy Corp (HUSA) with its peers suggests the former has fared considerably weaker in the market. HUSA showed an intraday change of 3.94% in last session, and over the past year, it shrunk by -70.00%%.

Data on historical trading for Houston American Energy Corp (AMEX:HUSA) indicates that the trading volumes over the past 10 days have averaged 0.27 and over the past 3 months, they’ve averaged 1.14 million. According to company’s latest data on outstanding shares, there are 13.09 million shares outstanding.

Nearly 19.33% of Houston American Energy Corp’s shares belong to company insiders and institutional investors own 17.64% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.72 million shares as on 2025-03-31, resulting in a short ratio of 1.82. According to the data, the short interest in Houston American Energy Corp (HUSA) stood at 483.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.92 million. The stock has fallen by -55.58% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HUSA stock heading into the next quarter.

Most Popular