Equus Total Return (NYSE:EQS) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Equus Total Return, Inc. (NYSE:EQS) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.82 and traded as low as $1.62. Equus Total Return shares last traded at $1.6810, with a volume of 29,224 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Equus Total Return in a research note on Monday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Equus Total Return currently has a consensus rating of “Sell”.

Equus Total Return Stock Performance

The company has a 50-day moving average of $1.84 and a 200-day moving average of $1.82. The company has a market cap of $23.48 million, a PE ratio of -1.47 and a beta of 0.79. 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) last issued 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 net margin of 1,081.99% and a negative return on equity of 12.03%.

Institutional Investors Weigh In On Equus Total Return

A hedge fund recently bought a new stake in Equus Total Return stock. MSH Capital Advisors LLC bought a new position in shares of Equus Total Return, Inc. (NYSE:EQS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 16,666 shares of the investment management company’s stock, valued at approximately $37,000. MSH Capital Advisors LLC owned approximately 0.12% of Equus Total Return as of its most recent SEC filing.

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.