Stock analysts at Roth Capital assumed coverage on shares of Houston American Energy (NYSEAMERICAN:AGIG – Get Free Report) in a research note issued on Friday, Briefing.com reports. The brokerage set a “buy” rating and a $3.00 price target on the stock. Roth Capital‘s target price would indicate a potential upside of 214.00% from the stock’s current price.
Houston American Energy Stock Up 2.6%
AGIG stock opened at $0.96 on Friday. The business has a fifty day moving average price of $1.04 and a 200 day moving average price of $1.06. Houston American Energy has a fifty-two week low of $0.80 and a fifty-two week high of $6.70.
Houston American Energy (NYSEAMERICAN:AGIG – Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $1.96 million during the quarter.
Houston American Energy Company Profile
Houston American Energy Corporation is an independent oil and natural gas company engaged in the acquisition, exploration, development and production of hydrocarbon properties. Its activities have historically focused on conventional oil and gas assets rather than refining, marketing or other downstream energy operations.
The company has pursued exploration and development opportunities in the United States, including properties in Texas and Louisiana, as well as selected international opportunities in South America.
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