Investors Getting Picky When It Comes To Buying Houston American Energy Corp (HUSA)

Houston American Energy Corp (AMEX:HUSA) does about 519.44K shares in volume on a normal day but saw 1709322 shares change hands in the recent trading day. The company now has a market cap of 13.75M USD. Its current market price is $1.26, marking an increase of 10.53% compared to the previous close of $1.14. The 52 week high reached by this stock is $2.81 whilst the lowest price level in 52 weeks is $1.07.

Houston American Energy Corp (HUSA) has a 20-day trading average at $1.2708 and the current price is -55.16% off the 52-week high compared with 17.76% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.2429 and its 200-day simple moving average is $1.4781. If we look at the stock’s price movements over the week, volatility stands at 7.59%, which increases to 10.69% 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 51.17 to suggest the stock is neutral.

FactSet Research has provided data showing that 3 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 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.

The current price level is -0.81%, 1.41%, and -14.93% away from its SMA20, SMA50, and SMA200 respectively, with the HUSA price moving below the 50-day SMA on current market day. Houston American Energy Corp (HUSA) stock is up 6.78% over the week and 1.61% over the past month. Its price is -29.61% year-to-date and -29.61% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 10.91M with insiders holding 7.81% of the shares and institutional holders owning 11.23% of the company’s common stock. The company has a return on investment of -31.25% and return on equity of -27.26%. The beta has a value of 0.48. Price to book ratio is 1.38 and price to sales ratio is 22.17.