Houston American Energy Corp (HUSA): Choosing The Technical Investor Route

Houston American Energy Corp (AMEX:HUSA) does about 184.08K shares in volume on a normal day but saw 4026290 shares change hands in the recent trading day. The company now has a market cap of 16.37M USD. Its current market price is $1.50, marking an increase of 22.95% compared to the previous close of $1.22. The 52 week high reached by this stock is $2.81 whilst the lowest price level in 52 weeks is $1.14.

Houston American Energy Corp (HUSA) has a 20-day trading average at $1.2380 and the current price is -46.62% off the 52-week high compared with 31.58% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.2553 and its 200-day simple moving average is $1.5418. If we look at the stock’s price movements over the week, volatility stands at 13.78%, which decreases to 6.39% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 67.33 to suggest the stock is neutral.

2 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy.

C.K. Cooper upgraded the stock to “Buy” from Hold on May 04, 2012 at a price target of $4.

Houston American Energy Corp (HUSA) stock is up 20.00% over the week and 20.97% over the past month. Its price is -16.20% year-to-date and -35.90% over the past year.

The company has a return on investment of -33.04% and return on equity of -29.69%. The beta has a value of 0.52. Price to book ratio is 1.63 and price to sales ratio is 23.05.