The market has been high on Equus Total Return, Inc. (EQS) stock recently. EQS gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With EQS Stock Today?
Equus Total Return, Inc. (EQS) stock is unmoved 0% while the S&P 500 is down -1.63% as of 2:49 PM on Friday, Oct 23. EQS is unchanged $0.00 from the previous closing price of $1.19 on volume of 33,229 shares. Over the past year the S&P 500 is up 14.06% while EQS is down -27.88%. EQS lost -$0.50 per share in the over the last 12 months.
More About Equus Total Return, Inc.
Equus Total Return Inc is a United States-based closed-end management investment company providing financial solutions for privately-owned middle market and small capitalization companies. Its investment objective is to maximize the total return to its stockholders in the form of current investment income. It focuses to provide 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. Its investment operations include investment selection, due diligence, structuring investments and providing management assistance and monitoring of investments.