Equus Total Return (NYSE:EQS) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Shares of Equus Total Return, Inc. (NYSE:EQS) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.71 and traded as high as $1.89. Equus Total Return shares last traded at $1.8880, with a volume of 7,034 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Equus Total Return in a research report on Thursday, November 20th. One equities 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 Up 6.7%

The stock has a market capitalization of $26.37 million, a P/E ratio of -1.51 and a beta of 0.70. The firm’s 50 day moving average price is $2.02 and its 200 day moving average price is $1.71. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.06 and a quick ratio of 1.06.

Equus Total Return (NYSE:EQS) last posted its earnings results on Thursday, November 20th. The investment management company reported ($0.10) earnings per share (EPS) for the quarter. Equus Total Return had a negative return on equity of 8.77% and a negative net margin of 1,212.18%.The business had revenue of $0.36 million during the quarter.

Hedge Funds Weigh In On Equus Total Return

A hedge fund recently bought a new stake in Equus Total Return stock. MSH Capital Advisors LLC bought a new position in shares of Equus Total Return, Inc. (NYSE:EQS) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,666 shares of the investment management company’s stock, valued at approximately $37,000. MSH Capital Advisors LLC owned 0.12% of Equus Total Return as of its most recent filing with the Securities and Exchange Commission.

Equus Total Return Company Profile

Equus Total Return, Inc is a business development company (BDC) specializing in leveraged buyouts, management buyouts, corporate partnerships/joint ventures, growth and expansion capital, acquisition financing, roll-up acquisition strategies, operational turnarounds, recapitalizations of existing businesses, special situations, equity and equity-oriented securities issued by privately owned companies, debt securities including subordinate debt, debt convertible into common or preferred stock, or debt combined with warrants and common and preferred stock, and preferred equity financing.