Equus Total Return (NYSE:EQS) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Equus Total Return, Inc. (NYSE:EQS)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.72 and traded as high as $2.03. Equus Total Return shares last traded at $1.84, with a volume of 21,442 shares changing hands.

Wall Street Analysts Forecast Growth

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

Equus Total Return Stock Performance

The stock’s 50-day simple moving average is $1.49 and its 200-day simple moving average is $1.72. The stock has a market cap of $25.70 million, a price-to-earnings ratio of -1.61 and a beta of 0.58. The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07.

Institutional Trading of Equus Total Return

An institutional investor recently bought a new position in Equus Total Return stock. MSH Capital Advisors LLC bought a new stake in Equus Total Return, Inc. (NYSE:EQS) during the third quarter, according to the company in its most recent disclosure with the SEC. 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 filing with the SEC.

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.