Houston American Energy (HUSA) Stock: Why The Price Is Much Higher Today

By Amit Chowdhry ● Mar 7, 2022
  • The Houston American Energy Corporation (NYSEAMERICAN: HUSA) stock is trending today. This is why.

The Houston American Energy Corporation (NYSEAMERICAN: HUSA) stock is trending today. Houston American Energy’s stock price is up over 100% pre-market, which is a continuation of momentum as the company stock price increased 32.87% in the previous trading session.

There are no recent company-specific reports or filings that appear to be driving the stock price up so it appears there are external factors at play.

More recent attention is being paid to the company as it is a U.S.-based energy company at a time when people are calling for less dependence on Russian oil and energy due to the country’s invasion of Ukraine. Investors on social media are citing the company’s low float as an opportunity for day trading the stock. Many other oil and energy stock companies have seen an uptick this past week as well.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.