Equus Total Return (NYSE:EQS) was downgraded by analysts at TheStreet from a “c-” rating to a “d+” rating in a research note issued on Monday, TheStreetRatingsTable reports.
Shares of EQS opened at $1.78 on Monday. The company has a quick ratio of 18.98, a current ratio of 18.98 and a debt-to-equity ratio of 0.62. Equus Total Return has a 52-week low of $1.65 and a 52-week high of $2.42.
An institutional investor recently raised its position in Equus Total Return stock. Ancora Advisors LLC increased its stake in Equus Total Return, Inc. (NYSE:EQS) by 16.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 684,426 shares of the investment management company’s stock after purchasing an additional 97,426 shares during the quarter. Ancora Advisors LLC owned 5.06% of Equus Total Return worth $1,342,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 13.52% of the company’s stock.
Equus Total Return Company Profile
Equus Total Return, Inc is a business development company (BDC) specializing in leveraged buyouts, management buyouts, 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, preferred equity financing, .
Further Reading: Cash Flow Analysis in Stock Selection
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