Houston American Energy (NYSE:HUSA) Trading 2.5% Higher

Houston American Energy Corp. (NYSE:HUSA) shares traded up 2.5% on Wednesday . The company traded as high as $1.33 and last traded at $1.24. 397,790 shares were traded during trading, an increase of 222% from the average session volume of 123,605 shares. The stock had previously closed at $1.21.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Houston American Energy to a “sell” rating in a research report on Tuesday, March 26th.

Houston American Energy Price Performance

The company’s 50 day moving average is $1.49 and its 200-day moving average is $1.52. The stock has a market cap of $13.52 million, a PE ratio of -4.13 and a beta of 0.45. The company has a current ratio of 11.27, a quick ratio of 11.27 and a debt-to-equity ratio of 0.01.

Houston American Energy (NYSE:HUSA) last posted its quarterly earnings results on Tuesday, April 2nd. The company reported ($0.03) EPS for the quarter. Houston American Energy had a negative net margin of 468.00% and a negative return on equity of 3.90%. The business had revenue of $0.25 million during the quarter.

Houston American Energy Company Profile

Houston American Energy Corp., an independent oil and gas company, engages in the exploration, development, and production of natural gas, crude oil, and condensate in the United States. Its principal properties are located primarily in the Texas Permian Basin, the South American country of Colombia, and the onshore Texas and Louisiana Gulf Coast region.