The market has been down on Houston American Energy Corporation (HUSA) stock recently. HUSA gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
Houston American Energy Corporation has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on HUSA!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With HUSA Stock Today?
Houston American Energy Corporation (HUSA) stock is higher by 1.01% while the S&P 500 is lower by -0.12% as of 2:26 PM on Wednesday, Jul 6. HUSA is higher by $0.04 from the previous closing price of $3.96 on volume of 1,012,895 shares. Over the past year the S&P 500 has fallen -11.90% while HUSA is higher by 97.04%. HUSA lost -$0.09 per share in the over the last 12 months.
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More About Houston American Energy Corporation
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, the U.S. Gulf Coast region, particularly Texas and Louisiana, and in the South American country of Colombia. The company's an 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.
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