Houston American Energy Corp. (NYSEAMERICAN:HUSA – Get Rating)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $2.84. Houston American Energy shares last traded at $2.80, with a volume of 212,500 shares trading hands.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on HUSA shares. StockNews.com raised Houston American Energy to a "sell" rating in a research report on Monday, December 12th. TheStreet downgraded Houston American Energy from a "c-" rating to a "d+" rating in a research report on Tuesday, March 14th.
Get Houston American Energy alerts:Houston American Energy Stock Up 2.2 %
The stock has a market capitalization of $27.80 million, a price-to-earnings ratio of -7.78 and a beta of 0.73. The business has a 50-day moving average price of $3.93. The company has a debt-to-equity ratio of 0.01, a current ratio of 28.17 and a quick ratio of 28.17.
Institutional Investors Weigh In On Houston American Energy
A number of institutional investors have recently added to or reduced their stakes in HUSA. Vanguard Group Inc. grew its position in Houston American Energy by 186.2% during the first quarter. Vanguard Group Inc. now owns 384,546 shares of the oil and gas exploration company's stock worth $1,707,000 after buying an additional 250,200 shares in the last quarter. Atria Wealth Solutions Inc. bought a new position in Houston American Energy during the first quarter worth about $441,000. Dimensional Fund Advisors LP lifted its stake in Houston American Energy by 293.0% during the first quarter. Dimensional Fund Advisors LP now owns 48,185 shares of the oil and gas exploration company's stock worth $214,000 after purchasing an additional 35,925 shares during the period. State Street Corp bought a new position in Houston American Energy during the first quarter worth about $138,000. Finally, Verition Fund Management LLC bought a new position in Houston American Energy during the second quarter worth about $135,000. 18.10% of the stock is owned by institutional investors and hedge funds.
Houston American Energy Company Profile
(Get Rating)
Houston American Energy Corp. engages in the development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties. It holds interest in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region and in the South American country of Colombia. The company was founded on April 2, 2001 and is headquartered in Houston, TX.
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