A Few Bright Spots In Houston American Energy Corp (AMEX: HUSA)

Houston American Energy Corp (AMEX:HUSA) currently has a daily average trading volume of 768.26K but it saw 4740258 shares traded in last market. With a market cap of 13.86M USD, the company’s current market price of $1.27 came falling about -4.51 while comparing to the previous closing price of $1.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.81 and as low as $0.96. In the recent trading on the day, stock has struck highest price mark of $1.15 while lowest mark touched by it was $1.45.

Taking a look at 20-day trading activity of Houston American Energy Corp (HUSA) gives us an average price of $1.0606, while its current price level is -54.80% below from 52-week high level whereas it is 32.21% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.1621 while that of 200 days or SMA-200 reads an average of $1.3884. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.08% during that period while stretching the period over a month that decreases to 7.84%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 62.50 which implies that the stock is in neutral territory.

C.K. Cooper upgraded its recommendation for the stock as a “Buy” from “Hold” on May 04, 2012 while assigning a price target of $4.

Over the week, HUSA’s stock price is moving 19.81% up while it is 19.81% when we observe its performance for the past one month. Year-to-date it is -29.05% down and over the past year, the stock is showing a downside performance of -29.05%.

Currently, Houston American Energy Corp’s total number of outstanding shares is 10.91M. Company’s return on investment (ROI) stands at -31.25% and return on equity (ROE) at -27.26%. Stock’s beta reads 0.46. Stock has a price to book (P/B) ratio of 1.39 while price to sale or P/S ratio amounts to 22.35. Its return on asset (ROA) is -26.36% on average.