Houston American Energy (NYSEAMERICAN:HUSA) Shares Up 0.6% – Here’s What Happened

Houston American Energy Corporation (NYSEAMERICAN:HUSA) rose 0.6% on Friday . The stock traded as high as $5.16 and last traded at $5.00. Approximately 104,646 shares traded hands during trading, a decline of 80% from the average daily volume of 522,111 shares. The stock had previously closed at $4.97.

Houston American Energy Stock Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 30.86 and a quick ratio of 30.86. The company has a market capitalization of $172.40 million, a PE ratio of -0.55 and a beta of 1.01. The company has a 50 day moving average of $6.25 and a two-hundred day moving average of $8.03.

Institutional Investors Weigh In On Houston American Energy

A hedge fund recently raised its stake in Houston American Energy stock. Jane Street Group LLC grew its stake in shares of Houston American Energy Corporation (NYSEAMERICAN:HUSA) by 77.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,325 shares of the company’s stock after acquiring an additional 21,167 shares during the quarter. Jane Street Group LLC owned about 0.31% of Houston American Energy worth $37,000 as of its most recent SEC filing. Institutional investors own 12.18% of the company’s stock.

Houston American Energy Company Profile

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.