Shares of Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$18.13 and traded as high as C$20.39. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$20.35, with a volume of 171,315 shares changing hands.
Wall Street Analyst Weigh In
AD.UN has been the subject of several research analyst reports. CIBC upped their price target on shares of Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$27.00 and gave the stock an "outperform" rating in a report on Wednesday, December 11th. Cormark upped their price objective on Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$26.00 in a research note on Wednesday, December 11th.
Read Our Latest Research Report on Alaris Equity Partners Income Trust (AD.UN)
Alaris Equity Partners Income Trust (AD.UN) Price Performance
The firm has a market capitalization of C$921.38 million, a P/E ratio of 4.51, a price-to-earnings-growth ratio of 0.80 and a beta of 2.08. The business has a 50-day moving average of C$19.26 and a 200 day moving average of C$18.18. The company has a current ratio of 0.60, a quick ratio of 2.36 and a debt-to-equity ratio of 6.33.
Insider Activity at Alaris Equity Partners Income Trust (AD.UN)
In related news, Senior Officer Matthew Mcintyre sold 5,419 shares of the firm's 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, Senior Officer Curtis James Krawetz sold 4,000 shares of the firm's stock in a transaction on Friday, January 17th. The stock was sold at an average price of C$19.29, for a total value of C$77,160.00. 2.23% of the stock is owned by insiders.
About Alaris Equity Partners Income Trust (AD.UN)
(
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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.
Further Reading
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