As this happened, C.K. Cooper downgraded its Houston American Energy Corp [HUSA] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including C.K. Cooper’s analysts, who increased its forecast for the stock in early May from “a Hold” to “a Buy”. MLV & Co also remained covering HUSA and has decreased its forecast on April 11, 2012 with a “Hold” recommendation from previously “Buy” rating. C.K. Cooper revised its rating on March 02, 2012. It rated HUSA as “a Hold” which previously was an “a Buy”.
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Price Performance Review of HUSA
On Tuesday, Houston American Energy Corp [AMEX:HUSA] saw its stock jump 20.91% to $1.33. Over the last five days, the stock has gained 29.13%. Houston American Energy Corp shares have fallen nearly -25.70% since the year began. Nevertheless, the stocks have fallen -31.79% over the past one year. While a 52-week high of $2.81 was reached on 04/12/24, a 52-week low of $0.96 was recorded on 09/11/24. SMA at 50 days reached $1.1607, while 200 days put it at $1.3904.
Levels Of Support And Resistance For HUSA Stock
The 24-hour chart illustrates a support level at 1.0700, which if violated will result in even more drops to 0.8100. On the upside, there is a resistance level at 1.5700. A further resistance level may holdings at 1.8100. The Relative Strength Index (RSI) on the 14-day chart is 68.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1019, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.60%. Stochastics %K at 82.43% indicates the stock is a selling.
How much short interest is there in Houston American Energy Corp?
A steep rise in short interest was recorded in Houston American Energy Corp stocks on 2024-09-13, dropping by -0.35 million shares to a total of 0.66 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 1.02 million shares. There was a decline of -53.32%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 08, 2011 when Canaccord Genuity began covering the stock and recommended ‘”a Speculative buy”‘ rating along with a $25 price target.
