Houston American Energy Corp (AMEX: HUSA) Now -82.09% Off Its High ($3.20), Does Analysts See Headwinds And Risks?

Houston American Energy Corp (AMEX:HUSA) currently has a daily average trading volume of 1.14M but it saw 248492 shares traded in last market. With a market cap of 8.99M USD, the company’s current market price of $0.57 came rising about 3.94 while comparing to the previous closing price of $0.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.20 and as low as $0.50. In the recent trading on the day, stock has struck highest price mark of $0.55 while lowest mark touched by it was $0.5865.

Taking a look at 20-day trading activity of Houston American Energy Corp (HUSA) gives us an average price of $0.6979, while its current price level is -82.09% below from 52-week high level whereas it is 13.96% 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 $0.9949 while that of 200 days or SMA-200 reads an average of $1.2382. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.33% during that period while stretching the period over a month that increases to 11.61%. 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 29.02 which implies that the stock is in oversold 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 6.31% up while it is -48.84% when we observe its performance for the past one month. Year-to-date it is -55.58% down and over the past year, the stock is showing a downside performance of -70.00%.

Currently, Houston American Energy Corp’s total number of outstanding shares is 13.09M. Company’s return on investment (ROI) stands at -195.33% and return on equity (ROE) at -115.70%. Stock’s beta reads 0.52. Stock has a price to book (P/B) ratio of 1.78 while price to sale or P/S ratio amounts to 16.05. Its return on asset (ROA) is -111.17% on average.