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

Equus Total Return, Inc. (NYSE:EQS)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.78 and traded as low as $1.40. Equus Total Return shares last traded at $1.45, with a volume of 7,745 shares.

Analyst Upgrades and Downgrades

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

Equus Total Return Price Performance

The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07. The company has a 50 day moving average of $1.37 and a 200-day moving average of $1.78. The firm has a market capitalization of $20.26 million, a P/E ratio of -1.27 and a beta of 0.58.

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 return on equity of 12.03% and a negative net margin of 1,081.99%.

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 purchased a new position in shares of Equus Total Return, Inc. (NYSE:EQS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 at the end of the most recent reporting period.

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.