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

Equus Total Return, Inc. (NYSE:EQS) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-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 traded.

Analyst Upgrades and Downgrades

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

Equus Total Return Trading Down 7.1%

The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.11. The firm has a market cap of $18.16 million, a P/E ratio of -1.20 and a beta of 0.13. The company’s 50 day simple moving average is $1.43 and its 200-day simple moving average is $1.50.

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

Institutional Trading of Equus Total Return

An institutional investor recently bought a new position in Equus Total Return stock. MSH Capital Advisors LLC purchased a new stake in shares of Equus Total Return, Inc. (NYSE:EQS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund 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 as of its most recent filing with the Securities & Exchange Commission.

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.