Shares of Houston American Energy Corporation (NYSE American:HUSA) traded today at $5.47, eclipsing its 52-week high. This new high was reached on above average trading volume as 44.6 million shares traded hands, while the average 30-day volume is approximately 1.1 million shares.
Over the past year, Houston American Energy Corporation has traded in a range of $1.07 to $5.47 and is now at $5.47, 411% above that low.
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, U.S. Gulf Coast region, particularly Texas and Louisiana, and in 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 in the South American country of Colombia.
Houston American Energy Corporation (NYSE American:HUSA) defies analysts with a current price ($5.47) 52.8% above its average consensus price target of $2.58.
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