Houston American Energy Corp (AMEX: HUSA) Stock: Performance And Outlook

In the latest trading session, 1.22 million Houston American Energy Corp (AMEX:HUSA) shares changed hands as the company’s beta touched 0.50. With the company’s most recent per share price at $1.70 changing hands around $0.21 or 13.76% at last look, the market valuation stands at $26.59M. HUSA’s current price is a discount, trading about -88.24% off its 52-week high of $3.20. The share price had its 52-week low at $0.96, which suggests the last value was 43.53% up since then. When we look at Houston American Energy Corp’s average trading volume, we note the 10-day average is 4.84 million shares, with the 3-month average coming to 1.12 million.

Analysts gave the Houston American Energy Corp (HUSA) stock a consensus recommendation rating of Buy. If we narrow down to specifics, the data shows that 1 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended HUSA as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Houston American Energy Corp’s EPS for the current quarter is expected to be 0.

Houston American Energy Corp (AMEX:HUSA) trade information

Instantly HUSA is in green as seen in intraday trades today. With action 13.76%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 31.40%, with the 5-day performance at 13.76% in the green. However, in the 30-day time frame, Houston American Energy Corp (AMEX:HUSA) is 31.40% up. Looking at the short shares, we see there were 0.88 million shares sold at short interest cover period of 0.46 days.

Houston American Energy Corp (AMEX:HUSA)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 6.51% of Houston American Energy Corp shares while 9.53% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 10.19%. There are 9.53% institutions holding the Houston American Energy Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 3.376% of the shares, roughly 0.37 million HUSA shares worth $0.47 million.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 2.9442% or 0.32 million shares worth $0.41 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 204.13 shares estimated at $0.34 million under it, the former controlled 1.56% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.25% of the shares, roughly 164.07 shares worth around $0.28 million.