Houston American Energy (NYSEAMERICAN:AGIG) Now Covered by Alliance Global Partners

Alliance Global Partners initiated coverage on shares of Houston American Energy (NYSEAMERICAN:AGIG) in a report issued on Tuesday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $6.00 price objective on the stock.

Houston American Energy Stock Performance

Shares of AGIG opened at $2.87 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.38 and a current ratio of 0.37. Houston American Energy has a 12 month low of $1.36 and a 12 month high of $25.56.

About Houston American Energy

Houston American Energy Corp., an independent oil and gas company, engages in the exploration, development, and production of natural gas, crude oil, and condensate in the United States. Its oil and gas properties are located primarily in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region, and in the South American country of Colombia. As of December 31, 2021, the company owned interests in four gross wells. Houston American Energy Corp. was incorporated in 2001 and is based in Houston, Texas.