Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The company traded as high as C$20.00 and last traded at C$19.93, with a volume of 125315 shares changing hands. The stock had previously closed at C$19.74.
Wall Street Analysts Forecast Growth
AD.UN has been the topic of several research analyst reports. Cormark boosted their target price on Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$26.00 in a research note on Wednesday, December 11th. CIBC lifted their price target on shares of Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$27.00 and gave the company an "outperform" rating in a report on Wednesday, December 11th.
Read Our Latest Stock Report on AD.UN
Alaris Equity Partners Income Trust (AD.UN) Stock Performance
The business's fifty day moving average price is C$19.13 and its 200-day moving average price is C$17.85. The stock has a market cap of C$897.26 million, a PE ratio of 4.39, a P/E/G ratio of 0.80 and a beta of 2.08. The company has a debt-to-equity ratio of 6.33, a quick ratio of 2.36 and a current ratio of 0.60.
Insider Activity at Alaris Equity Partners Income Trust (AD.UN)
In related news, Senior Officer Matthew Mcintyre sold 5,419 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of C$19.00, for a total value of C$102,961.00. Also, Director Peter Grosskopf purchased 5,000 shares of the stock in a transaction on Friday, January 10th. The shares were purchased at an average cost of C$18.26 per share, for a total transaction of C$91,285.00. 2.23% of the stock is currently owned by company insiders.
About Alaris Equity Partners Income Trust (AD.UN)
(
Get Free Report)
Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust.
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