Houston American Energy (NYSE:HUSA) Stock Price Up 3.6% – Still a Buy?

Houston American Energy Corp. (NYSE:HUSA) shot up 3.6% on Thursday . The stock traded as high as $1.43 and last traded at $1.42. 373,842 shares were traded during trading, a decline of 83% from the average session volume of 2,181,825 shares. The stock had previously closed at $1.37.

Houston American Energy Trading Down 0.7 %

The company has a fifty day simple moving average of $1.46 and a two-hundred day simple moving average of $1.34. The company has a current ratio of 10.46, a quick ratio of 10.46 and a debt-to-equity ratio of 0.01. The company has a market cap of $18.46 million, a PE ratio of -4.41 and a beta of 0.50.

Institutional Investors Weigh In On Houston American Energy

Several large investors have recently bought and sold shares of HUSA. Virtu Financial LLC increased its holdings in Houston American Energy by 106.9% during the 3rd quarter. Virtu Financial LLC now owns 31,913 shares of the company’s stock worth $35,000 after purchasing an additional 16,489 shares during the period. Atria Wealth Solutions Inc. increased its holdings in shares of Houston American Energy by 346.6% in the 4th quarter. Atria Wealth Solutions Inc. now owns 243,808 shares of the company’s stock valued at $315,000 after acquiring an additional 189,214 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Houston American Energy by 28.2% in the 4th quarter. Geode Capital Management LLC now owns 122,249 shares of the company’s stock valued at $158,000 after acquiring an additional 26,897 shares during the last quarter. XTX Topco Ltd increased its holdings in shares of Houston American Energy by 79.9% in the 4th quarter. XTX Topco Ltd now owns 30,809 shares of the company’s stock valued at $40,000 after acquiring an additional 13,688 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Houston American Energy in the 4th quarter valued at about $35,000. Hedge funds and other institutional investors own 12.18% of the company’s stock.

About Houston American Energy

Houston American Energy Corp., an independent oil and gas company, engages in the acquisition, exploration, exploitation, development, and production of natural gas, crude oil, and condensate. Its principal properties are located primarily in the Texas Permian Basin, the South American country of Colombia, and the onshore Louisiana Gulf Coast region.