Equus Total Return (NYSE:EQS) Stock Crosses Below 200-Day Moving Average – Here’s Why

Equus Total Return, Inc. (NYSE:EQS)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.83 and traded as low as $1.36. Equus Total Return shares last traded at $1.38, with a volume of 1,207 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Equus Total Return in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Equus Total Return Stock Down 1.4%

The firm’s 50 day moving average is $1.60 and its two-hundred day moving average is $1.83. The stock has a market cap of $19.28 million, a price-to-earnings ratio of -1.21 and a beta of 0.62. The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07.

Equus Total Return (NYSE:EQS) last released its quarterly earnings results on Wednesday, December 17th. The investment management company reported ($0.08) earnings per share (EPS) for the quarter. Equus Total Return had a negative return on equity of 12.03% and a negative net margin of 1,081.99%.

Institutional Inflows and Outflows

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) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm 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 SEC filing.

About Equus Total Return

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.