Equus Total Return, Inc. (EQS) CEO John A. Hardy Acquires 500,000 Shares
Equus Total Return, Inc. (NYSE:EQS) CEO John A. Hardy purchased 500,000 shares of the company’s stock in a transaction that occurred on Friday, March 17th. The shares were purchased at an average cost of $2.40 per share, for a total transaction of $1,200,000.00. Following the completion of the purchase, the chief executive officer now owns 500,000 shares in the company, valued at approximately $1,200,000. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Equus Total Return, Inc. (NYSE:EQS) traded up 2.4083% on Monday, reaching $2.4578. The company had a trading volume of 52,521 shares. The company’s 50 day moving average is $2.15 and its 200-day moving average is $1.96. Equus Total Return, Inc. has a one year low of $1.50 and a one year high of $2.50.
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Separately, TheStreet downgraded Equus Total Return from a “buy” rating to a “hold” rating in a research note on Wednesday, November 30th.
Equus Total Return Company Profile
Equus Total Return, Inc (the Fund) is a closed-end management investment company. The Fund is a business development company whose investment objective is to maximize the total return to its stockholders in the form of current investment income and long-term capital gains by investing in the debt and equity securities of small and middle market capitalization companies that are generally not publicly traded at the time of its investment.
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