EQS - Equus Total Return, Inc.

NYSE - NYSE Delayed Price. Currency in USD
1.6900
+0.1399 (+9.03%)
At close: 3:50PM EDT
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Previous Close1.5501
Open1.5100
Bid1.0000 x 800
Ask1.6900 x 800
Day's Range1.5100 - 1.6900
52 Week Range1.5100 - 2.2300
Volume929
Avg. Volume3,001
Market Cap22.846M
Beta (3Y Monthly)0.04
PE Ratio (TTM)6.58
EPS (TTM)0.2570
Earnings DateMay 14, 2019 - May 14, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2009-08-21
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire

    Equus Announces Second Quarter Net Asset Value

    Net asset value per share increased to $3.55 as of June 30, 2019 from $3.44 as of March 31, 2019. Increase in Value of PalletOne. Equus holds an 18.7% fully-diluted share interest in PalletOne, Inc. (“PalletOne”) one of the nation’s largest wooden pallet manufacturers and a major supplier of treated lumber in the southeastern United States.

  • GlobeNewswire

    Equus Announces Results of Annual Shareholder Meeting

    Holders of 85.96% of the Company’s outstanding shares were present in person or represented by proxy at the Annual Meeting and approved the election of the five director nominees, the appointment of BDO for fiscal year 2019, and the compensation paid to the Company’s named executive officers in 2018 (non-binding).  The specific voting results of the Annual Meeting are set forth in the Company’s Current Report on Form 8-K filed today with the Securities and Exchange Commission.

  • GlobeNewswire

    Equus Announces First Quarter Net Asset Value

    Increase in Value of PalletOne.  Equus holds an 18.7% fully-diluted share interest in PalletOne, Inc. (“PalletOne”) one of the nation’s largest wooden pallet manufacturers and a major supplier of treated lumber in the southeastern United States.  The fair value of the Fund’s share interest in PalletOne increased from $20.5 million to $22.5 million during the first quarter of 2019, principally as a result of strong operational results and overall improvement in comparable industry sectors during the quarter.  The Fund received advice and assistance from a third-party valuation firm to support its determination of the fair value of this investment. Increase in the Value of Equus Energy.  The Fund established Equus Energy, LLC (“Equus Energy”) as a wholly-owned subsidiary in 2011 to be used as a platform for energy-related investments, with particular emphasis on oil and gas enterprises.  Equus Energy owns various working interests, which are presently derived from 141 producing and non-producing oil and gas wells, including associated development rights of approximately 21,520 acres, situated on 11 separate properties in Texas and Oklahoma.

  • GlobeNewswire

    Equus Announces 2018 Year-End Net Asset Value

    Increase in Value of PalletOne.  Equus holds an 18.7% fully-diluted share interest in PalletOne, Inc. (“PalletOne”) one of the nation’s largest wooden pallet manufacturers and a major supplier of treated lumber in the southeastern United States.  The fair value of the Fund’s share interest in PalletOne increased from $16.7 million to $20.5 million during 2018, principally as a result of improved operational results, as well as the positive effect of accretive acquisitions and new initiatives undertaken during the year.  The Fund received advice and assistance from a third-party valuation firm to support its determination of the fair value of this investment. Increase in the Value of Equus Energy.  The Fund established Equus Energy, LLC (“Equus Energy”) as a wholly-owned subsidiary in 2011 to be used as a platform for energy-related investments, with particular emphasis on oil and gas enterprises.  Equus Energy owns various working interests, which are presently derived from 142 producing and non-producing oil and gas wells, including associated development rights of approximately 21,520 acres, situated on 11 separate properties in Texas and Oklahoma.

  • GlobeNewswire

    Equus Shareholders Grant New Authorization to Withdraw BDC Election

    Equus Total Return, Inc. (EQS) (“Equus” or the “Company”) today announced that its shareholders have granted a new authorization to the Company’s Board of Directors (hereinafter, the “Board”) to cause the Company’s withdrawal of its election to be classified as a business development company (“BDC”) under the Investment Company Act of 1940 (the “1940 Act”).  Previous authorizations to this effect were given to the Board in 2017 and 2018, all of which have since expired.  The new authorization given to the Board by the Equus shareholders expires on July 31, 2019.  These authorizations are a consequence of the Company’s Plan of Reorganization announced on May 15, 2014 (also referred to herein as the “Plan”). In announcing the Plan, Equus stated its intention to implement the Plan which entailed, among other things: (i) the restructuring of the Company by way of an acquisition of, or merger with, an operating company (referred to in the Plan as a “Consolidation”), and (ii) a withdrawal of the Company’s election to be classified as a BDC.  Although Equus has been authorized to withdraw and terminate the Company’s BDC election under the 1940 Act, it will not submit any such withdrawal unless and until Equus has entered into a definitive agreement to effect a Consolidation.

  • GlobeNewswire

    Equus Announces Third Quarter Net Asset Value

    During the twelve months ended September 30, 2018, PalletOne reported significant increases in revenue and EBITDA as compared to the twelve months ended September 30, 2017.  Equus holds an 18.7% fully-diluted share interest in PalletOne, one of the largest wooden pallet manufacturers in the United States.  The Fund received advice and assistance from a third-party valuation firm to support its determination of the fair value of this investment. Increase in the Value of MVC Capital Shares.  The trading price of MVC Capital, Inc.’s (“MVC”) common stock increased from $9.50 per share on June 30, 2018 to $9.65 per share on September 30, 2018.  In addition to the 510,545 MVC shares held by Equus at June 30, 2018, the Fund received 8,047 MVC shares as a dividend during the third quarter of 2018.