Houston American Energy Corp [AMEX: HUSA] price surged by 2.62 percent to reach at $0.02.
Guru’s Opinion on Houston American Energy Corp [HUSA]:
C.K. Cooper have made an estimate for Houston American Energy Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 19, 2012. The new note on the price target was released on May 04, 2012, representing the official price target for Houston American Energy Corp stock.
The Average True Range (ATR) for Houston American Energy Corp is set at 0.05, with the Price to Sales ratio for HUSA stock in the period of the last 12 months amounting to 20.51. The Price to Book ratio for the last quarter was 1.49, with the Price to Cash per share for the same quarter was set at 0.34.
HUSA Stock Performance Analysis:
Houston American Energy Corp [HUSA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.87. With this latest performance, HUSA shares gained by 9.34% in over the last four-week period, additionally sinking by -56.41% over the last 6 months – not to mention a drop of -52.70% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HUSA stock in for the last two-week period is set at 52.16, with the RSI for the last a single of trading hit 57.43, and the three-weeks RSI is set at 47.29 for Houston American Energy Corp [HUSA]. The present Moving Average for the last 50 days of trading for this stock 0.6994, while it was recorded at 0.6513 for the last single week of trading, and 1.1606 for the last 200 days.
Insight into Houston American Energy Corp Fundamentals:
Houston American Energy Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 61.54 and a Current Ratio set at 61.54.
Houston American Energy Corp [HUSA] Institutonal Ownership Details
There are presently around $10.25%, or 13.18%% of HUSA stock, in the hands of institutional investors. The top three institutional holders of HUSA stocks are: VANGUARD GROUP INC with ownership of 0.37 million shares, which is approximately 3.376%. BLACKROCK INC., holding 0.32 million shares of the stock with an approximate value of $$0.41 million in HUSA stocks shares; and BLACKROCK INC., currently with $$0.12 million in HUSA stock with ownership which is approximately 0.8832%.
