Houston American Energy Corp. (AMEX:HUSA) has a beta of 0.30. The stock’s Relative Strength Index (RSI) is 62.93, with weekly volatility at 6.21% and ATR at 0.11. The HUSA stock’s 52-week price range has touched low of $0.86 and a $6.36 high. Its shares traded higher over the last trading session, gaining 3.28% on 06/16/21. The shares fell to a low of $1.82 before closing at $1.89. Intraday shares traded counted 0.96 million, which was -99.46% lower than its 30-day average trading volume of 479.18K. HUSA’s previous close was $1.83 while the outstanding shares total 9.92M.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Investors have identified the Oil & Gas E&P company Houston American Energy Corp. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $18.28 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Houston American Energy Corp. (HUSA) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 5.6 million total, with 0.29 million as their total liabilities.
HUSA were able to record -0.43 million as free cash flow during the 08/11/2021 quarter of the year, this saw their quarterly net cash flow reduce by 4.03 million. In cash movements, the company had a total of -0.36 million as operating cash flow.
Potential earnings growth for Houston American Energy Corp. (HUSA)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/11/2021 quarter of the year, Houston American Energy Corp. recorded a total of 0.33 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 55.32% coming in sequential stages and their sales for the 08/11/2021 quarter increasing by 38.91%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 0.17 million trying to sell their products during the last quarter, with the result yielding a gross income of 0.16 million. This allows shareholders to hold on to 9.92M with the recently reported earning now reading -0.03 cents per share. This is a figure that compared to analyst’s prediction for their 08/11/2021 (-0.02 cents a share).
Is the stock of HUSA attractive?
In related news, Director, SCHOONOVER JAMES A sold 16,715 shares of the company’s stock in a transaction that recorded on Jan 26. The sale was performed at an average price of 2.63, for a total value of 43,960. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.40%.
