Equus Total Return (NYSE:EQS) Releases Quarterly Earnings Results

Equus Total Return (NYSE:EQS) announced its earnings results on Wednesday. The investment management company reported ($0.05) EPS for the quarter, Zacks reports. Equus Total Return had a negative net margin of 1,031.61% and a negative return on equity of 13.24%.

Equus Total Return Stock Up 9.6%

NYSE:EQS traded up $0.12 during trading hours on Wednesday, hitting $1.37. 26,778 shares of the company’s stock traded hands, compared to its average volume of 7,444. The firm has a market cap of $19.06 million, a P/E ratio of -1.28 and a beta of 0.06. Equus Total Return has a twelve month low of $0.84 and a twelve month high of $2.49. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.25 and a current ratio of 2.25. The stock’s fifty day moving average price is $1.49 and its two-hundred day moving average price is $1.54.

Analysts Set New Price Targets

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

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.