EQS PRESS-RELEASE SEC Filing Analysis

Latest settled — T+5d

EQS ▼ -1.31% at T+5d

LONG call ✗ call lost -1.31% · α vs SPY -2.98% · entry $1.53 → $1.51

Next anchor: T+20d in 7d

Last close $1.27 (close Jun 12) · -16.99% from $1.53 entry

Entry anchored
May 21, 03:59 PM ET
via Databento tick

T+1d

-9.15%

call -9.15% · α -9.74%

$1.39

settled 24d ago

T+5d

-1.31%

call -1.31% · α -2.98%

$1.51

settled 17d ago

T+20d

—

call — · α —

—

in 7d

T+60d

—

call — · α —

—

in 2mo

Price Chart

Loading chart...

Executive Summary

Equus Total Return reported Q1 2026 net assets of $20.9M ($1.50/share) vs $16.6M ($1.19/share) at Dec 31, 2025 — a 26% sequential NAV increase driven by a $5.0M fair-value gain on Morgan E&P, partially offset by a $0.5M decrease in CitroTech holdings. As a BDC, the primary value driver is portfolio NAV, and this strong sequential improvement is credit-positive, though the stock already rallied sharply in April-May.

Actionable Insight

The NAV jump is material for a $19M market-cap BDC, but the stock has already run +8% in the last month per prior calls — some re-rating may be priced in. Monitor Q2 crude oil trends and any monetization of the Morgan stake; the current NAV of $1.50 implies a ~0.90x price/NAV ratio, leaving room for further convergence if portfolio value sustains.

Key Facts

Net assets $20.9M at March 31, 2026, up from $16.6M at Dec 31, 2025
NAV per share $1.50 vs $1.19 at year-end 2025, a +26% increase
Morgan E&P value increased $5.0M on higher crude oil prices
CitroTech holdings valued at $6.3M, down $0.5M from $6.8M due to partial share sale
Shares outstanding unchanged at 13,967 during Q1

Financial Impact

NAV increased $4.36M sequentially to $20.9M; NAV/share up +26% QoQ

navnet asset value per shareportfolio fair value

Risk Factors

Morgan E&P valuation tied to volatile crude oil prices — a pullback would reverse gains
CitroTech position reduced via share sales — future liquidity from that holding is declining
Tiny market cap ($19M) means low liquidity and potentially wide bid-ask spreads

Market Snapshot

Exchange

NYSE

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

Document	Accession Number
PRESS-RELEASE Data (Synthetic)	press-3299800

5 reports for EQS

T+1T+5T+20T+60

100% Hit rate 4 of 4 directional calls best @ T+5▲ +13.93%Apr 21, 2026

Filters

Reports for EQS — sortable, filterable
	Type				Now
May 21, 2026 24d ago	Press Release BULLISH ★ 5/10	$1.53 $1.51	▼ −1.31%	▼ −2.98%	$1.27 (−16.99%)
May 12, 2026 4w ago	8-K BEARISH ★ 7/10	$1.36 $1.25	▲ +8.09%	▲ +6.93%	$1.27 (+6.62%)
May 4, 2026 5w ago	8-K BEARISH ★ 7/10	$1.14 $1.38	▼ −21.05%	▼ −19.07%	$1.27 (−11.40%)
Apr 21, 2026 7w ago	Press Release BEARISH ★ 7/10	$1.35 $1.16	▲ +13.93%	▲ +13.98%	$1.27 (+5.93%)
Apr 20, 2026 7w ago	10-K/A BEARISH ★ 8/10	$1.37 $1.19	▲ +13.14%	▲ +14.22%	$1.27 (+7.30%)

US Market Status

Market Closed — Opens in 4h 8m

Related Tickers

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access