Equus Total Return (NYSE:EQS) Share Price Crosses Below 200-Day Moving Average – Here’s Why
by Tristan Rich · The Markets DailyEquus Total Return, Inc. (NYSE:EQS – Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.82 and traded as low as $1.31. Equus Total Return shares last traded at $1.29, with a volume of 1,711 shares traded.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Equus Total Return in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.
Check Out Our Latest Research Report on EQS
Equus Total Return Stock Performance
The stock has a market cap of $18.23 million, a PE ratio of -1.14 and a beta of 0.62. The stock has a fifty day moving average of $1.72 and a 200-day moving average of $1.82. The company has a quick ratio of 2.67, a current ratio of 2.67 and a debt-to-equity ratio of 0.07.
Equus Total Return (NYSE:EQS – Get Free Report) last posted its quarterly earnings data on Wednesday, December 17th. The investment management company reported ($0.08) earnings per share for the quarter. Equus Total Return had a negative return on equity of 12.03% and a negative net margin of 1,081.99%.
Hedge Funds Weigh In On Equus Total Return
A hedge fund recently bought a new stake in Equus Total Return stock. MSH Capital Advisors LLC acquired a new position in shares of Equus Total Return, Inc. (NYSE:EQS – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 16,666 shares of the investment management company’s stock, valued at approximately $37,000. MSH Capital Advisors LLC owned about 0.12% of Equus Total Return as of its most recent filing with the SEC.
Equus Total Return Company Profile
Equus Total Return, Inc (NYSE:EQS) is a publicly registered, non-traded real estate investment trust (REIT) that focuses on acquiring, managing and repositioning income-producing commercial properties. The company seeks to generate long-term total returns through a combination of current income and capital appreciation by targeting corporate-leased office, industrial and retail assets with value-add potential. Equus Total Return operates with the flexibility to pursue core-plus and opportunistic investment strategies across multiple property types and markets.
The REIT’s portfolio spans major metropolitan regions across the United States, including dense urban markets along the East Coast, growth corridors in Texas and established industrial hubs in the Midwest and West Coast.