Equus Total Return (NYSE:EQS) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Equus Total Return, Inc. (NYSE:EQS)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.50 and traded as low as $1.3001. Equus Total Return shares last traded at $1.3001, with a volume of 12,434 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded shares of Equus Total Return from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Equus Total Return Trading Down 7.1%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.77 and a current ratio of 0.77. The stock’s fifty day moving average is $1.43 and its 200 day moving average is $1.50. The stock has a market cap of $18.16 million, a P/E ratio of -1.20 and a beta of 0.13.

Equus Total Return (NYSE:EQS) last announced its quarterly earnings results on Wednesday, May 20th. The investment management company reported ($0.05) EPS for the quarter. Equus Total Return had a negative net margin of 1,036.67% and a negative return on equity of 14.05%. The business had revenue of $0.31 million during the quarter.

Institutional Trading of 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 Equus Total Return, Inc. (NYSE:EQS) in the 3rd quarter, according to the company in its most recent Form 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 at the end of the most recent reporting period.

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.