Susquehanna Investment Group LLC recently announced the acquisition of new stake in Houston American Energy Corp. (AMEX:HUSA). This fresh investment now brings its stake to 0.50% valued currently at $0.17 million. In addition, Virtu Financial BD LLC raised its holdings by 25587.0 to 25587.0 shares.
With over 0.2 million Houston American Energy Corp. (HUSA) shares trading Monday and a closing price of $3.97 on the day, the dollar volume was approximately $0.79 million. The shares have shown a positive half year performance of 1.53% and its price on 01/23/23 gained nearly 2.85%. Currently, there are 9.93M common shares owned by the public and among those 8.84M shares have been available to trade.
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Insiders at the company have transacted a total of 7 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 3 of these insider trades were purchases, accounting for 34,630 shares. Insider sales of the common stock occurred on 4 occasions, with total insider shares sold totaling 1,257,130 shares.
The top 3 mutual fund holders in Houston American Energy Corp. are Vanguard Total Stock Market Index, Vanguard Extended Market Index Fu, and Fidelity Extended Market Index Fu. Vanguard Total Stock Market Index owns 0.2 million shares of the company’s stock, all valued at over $0.68 million. Vanguard Extended Market Index Fu bought 169.0 shares to see its total holdings expand to 0.14 million shares valued at over $0.47 million and representing 1.39% of the shares outstanding. Fidelity Extended Market Index Fu now owns shares totaling to 0.41% of the shares outstanding.
Shares of Houston American Energy Corp. (AMEX: HUSA) opened at $3.89, up $0.03 from a prior closing price of $3.86. However, the script later moved the day high at 4.0262, up 2.85%. The company’s stock has a 5-day price change of 5.31% and 2.32% over the past three months. HUSA shares are trading 15.41% year to date (YTD), with the 12-month market performance up to 157.79% higher. It has a 12-month low price of $1.07 and touched a high of $16.61 over the same period. HUSA has an average intraday trading volume of 401.95K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 12.70%, 4.98%, and -1.94% respectively.
Institutional ownership of Houston American Energy Corp. (AMEX: HUSA) shares accounts for 12.60% of the company’s 9.93M shares outstanding. Mutual fund holders own 5.01%, while other institutional holders and individual stakeholders account for 7.54% and 23.68% respectively.
It has a market capitalization of $39.90M and a beta (3y monthly) value of 0.82. The earnings-per-share (ttm) stands at -$0.09. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.58% over the week and 5.44% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.
C.K. Cooper coverage for the Houston American Energy Corp. (HUSA) stock in a research note released on May 04, 2012 offered a Buy rating with a price target of $4. Canaccord Genuity on their part issued Speculative Buy rating on February 08, 2011.
