HUSA Stock Summary and Trading Ideas (Houston American Energy | AMEX:HUSA)

Houston American Energy Corp is an independent oil and gas company focused on the development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties. Its properties, and operations, are in the U.S. Permian Basin, the U.S. Gulf Coast region, particularly Texas and Louisiana, and the South American country of Colombia. The company's exploration and development projects are focused on existing property interests, and future acquisition of additional property interests, in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region, and the South American country of Colombia. The Company majorly has operations in two geographical areas, the United States and Colombia.

Houston American Energy trades on the AMEX stock market under the symbol HUSA.

As of May 17, 2024, HUSA stock price declined to $1.38 with 278,534 million shares trading.

HUSA has a beta of 0.04, meaning it tends to be less sensitive to market movements. HUSA has a correlation of 0.00 to the broad based SPY ETF.

HUSA has a market cap of $15.05 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, HUSA stock traded as high as $16.61 and as low as $1.07.

The top ETF exchange traded funds that HUSA belongs to (by Net Assets): VTI, VXF.

HUSA has underperformed the market in the last year with a price return of -36.1% while the SPY ETF gained +29.1%. HUSA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.1% and -11.0%, respectively, while the SPY returned +6.3% and +3.6%, respectively.

HUSA support price is $1.33 and resistance is $1.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HUSA stock will trade within this expected range on the day.