Houston American Energy Corp (AMEX: HUSA) Now $0.96 Higher From Its Low (0.53), Does It Still Have A Growth Story?

Houston American Energy Corp (AMEX:HUSA) currently has a daily average trading volume of 1.12M but it saw 1178448 shares traded in last market. With a market cap of 23.37M USD, the company’s current market price of $1.49 came falling about -2.61 while comparing to the previous closing price of $1.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.20 and as low as $0.96. In the recent trading on the day, stock has struck highest price mark of $1.45 while lowest mark touched by it was $1.6499.

Taking a look at 20-day trading activity of Houston American Energy Corp (HUSA) gives us an average price of $1.6190, while its current price level is -53.44% below from 52-week high level whereas it is 55.11% 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 $1.4526 while that of 200 days or SMA-200 reads an average of $1.3535. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.55% during that period while stretching the period over a month that increases to 14.60%. 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 47.66 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 -19.02% down while it is 19.20% when we observe its performance for the past one month. Year-to-date it is 15.50% up and over the past year, the stock is showing a downside performance of -7.45%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Houston American Energy Corp’s total number of outstanding shares is 15.69M with 6.51% of that held by the insiders while 9.53% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -35.46% and return on equity (ROE) at -30.28%. Stock’s beta reads 0.51. Stock has a price to book (P/B) ratio of 1.65 while price to sale or P/S ratio amounts to 36.52. Its return on asset (ROA) is -28.89% on average.