Reported Late Tuesday, Equus Announces Q3 Net Asset Value Per Share Of $3.49
Portfolio Pulse from Benzinga Newsdesk
Equus Total Return, Inc. (NYSE:EQS) reported an increase in net asset value per share to $3.49 as of September 30, 2023, up from $2.96 on June 30, 2023. The company's net assets rose to $47.1 million, with the principal contributor to the increase in fair value of the portfolio holdings being identified for the third quarter of 2023.
November 15, 2023 | 8:34 am
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POSITIVE IMPACT
Equus Total Return, Inc. reported a significant increase in net asset value per share from $2.96 to $3.49 in Q3 2023, indicating a positive performance of the company's portfolio holdings.
The increase in net asset value per share is a positive indicator of the company's financial health and performance. Investors may view this as a sign of effective asset management and potential growth, which could lead to increased investor confidence and a positive short term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100