Houston American Energy Corporation (NYSEAMERICAN:HUSA – Get Free Report)’s stock price was up 2.3% on Friday . The company traded as high as $2.26 and last traded at $2.19. 379,179 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 693,362 shares. The stock had previously closed at $2.14.
Houston American Energy Stock Performance
The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.37. The stock has a market cap of $75.84 million, a price-to-earnings ratio of -0.24 and a beta of 1.02. The company has a fifty day simple moving average of $2.19 and a 200-day simple moving average of $2.19.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of HUSA. Millennium Management LLC acquired a new stake in Houston American Energy in the third quarter worth $790,000. Raymond James Financial Inc. boosted its position in shares of Houston American Energy by 1,287,400.0% during the third quarter. Raymond James Financial Inc. now owns 25,750 shares of the company’s stock worth $160,000 after purchasing an additional 25,748 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Houston American Energy by 77.9% in the 1st quarter. Jane Street Group LLC now owns 48,325 shares of the company’s stock valued at $37,000 after buying an additional 21,167 shares during the period. Institutional investors own 12.18% of the company’s stock.
About Houston American Energy
Houston American Energy Corp (NYSE: HUSA) is an independent energy company engaged in the acquisition, exploration and development of onshore oil and natural gas properties. The firm’s core focus lies in domestic U.S. resources, with an emphasis on the Permian Basin region across West Texas and southeastern New Mexico. Historically, Houston American has also pursued international opportunities, including interests in Yemen’s Block S-1 concession and the Halboun oil field in Jordan, though those ventures have been shaped by regional geopolitical challenges.
The company’s operational strategy centers on leveraging state-of-the-art seismic analysis and reservoir evaluation techniques to identify high-potential formations.
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