Shares of Houston American Energy Corporation (NYSEAMERICAN:HUSA – Get Free Report) shot up 2.3% during mid-day trading on Thursday. The stock 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 50 day moving average of $2.19 and a 200-day moving average of $2.19. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.38 and a current ratio of 0.38. The stock has a market cap of $75.84 million, a price-to-earnings ratio of -0.24 and a beta of 1.02.
Houston American Energy Company Profile
Houston American Energy Corp. is an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties. The company’s activities are focused on identifying and developing prospective hydrocarbon assets rather than providing energy services or refined products.
Houston American Energy has historically held interests in properties in the United States and South America. Its U.S. operations have included projects in the Permian Basin of Texas and New Mexico, one of the country’s major oil- and natural-gas-producing regions.
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