Houston American Energy (NYSE:HUSA) Shares Up 2.9%

Shares of Houston American Energy Corp. (NYSE:HUSA) rose 2.9% during mid-day trading on Tuesday . The stock traded as high as $1.08 and last traded at $1.07. Approximately 71,283 shares traded hands during trading, a decline of 85% from the average daily volume of 479,370 shares. The stock had previously closed at $1.04.

Houston American Energy Stock Performance

The company has a quick ratio of 10.05, a current ratio of 10.05 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $11.67 million, a price-to-earnings ratio of -3.45 and a beta of 0.48. The stock’s 50-day simple moving average is $1.18 and its 200 day simple moving average is $1.34.

Houston American Energy (NYSE:HUSA) last posted its earnings results on Wednesday, August 14th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.12 million during the quarter. Houston American Energy had a negative net margin of 500.00% and a negative return on equity of 2.21%.

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.