Houston American Energy Corp. (HUSA) shares saw a recent bid of $0.61 and 1.01M shares have exchanged hands in the recent trading session, yielding a -25.61% decline over the past week. The stock price decreased -4.67% or $0.03 versus $0.64 at the end of the prior session. This change led market cap to move at $27.08M, putting the price -41.90% below the 52-week high and 281.25% above the 52-week low. The company’s stock has a normal trading capacity of 585.80K shares while the relative volume is 1.73.
By historical standards, Houston American Energy Corp. remains a cheap stock. The company’s current price-earnings ratio amounts above the average P/E ratio of 21.03 times earnings. Over the short term, some market observers may have noticed that Houston American Energy Corp. has a 1.50% short float with 15 days to cover. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Houston American Energy Corp. has far performed well this year, with the share price up 242.70% since January. Over the past 2 quarters, the stock is up 165.45%, compared with a gain of nearly 93.53% for 3 months and about 51.74% for the past 30 days.
Revenue for the quarter also killed consensus, coming in at $0.03M, compared to the consensus of 0.03M. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $. The company is expected to report EPS as high as $ and as low as $ per share. Similarly, full-year EPS forecasts have ranged between $86.62 and $0.23. The mean EPS estimate is $0.04. On the other side, sales forecasts for the current quarter are $0.03M. The stock is expected to report revenue as high as $0M and as low as $3.13M per share. Similarly, full-year sales forecasts have ranged between $10.31M and $0.03M. The mean revenue estimate is $0.32M.
Over the last 5 years, Houston American Energy Corp. has averaged a 18.10% YoY EPS growth rate and a -32.20% revenue growth rate. Analysts are expecting EPS growth rates to be at 30.10% this quarter.
Sell-side analysts also have something to say about this company. C.K. Cooper had a markedly different take on 19/07/2012, proposing that Houston American Energy Corp. is now considered Hold versus prior Buy rating. C.K. Cooper raised its rating on Houston American Energy Corp. to Buy on 04/05/2012 in a reversal from its prior Hold rating. MLV & Co had a markedly different take on 11/04/2012, proposing that Houston American Energy Corp. is now considered Hold versus prior Buy rating. C.K. Cooper had a markedly different take on 02/03/2012, proposing that Houston American Energy Corp. is now considered Hold versus prior Buy rating.