Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Share Price Crosses Above 200-Day Moving Average - What's Next?

Shares of Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$18.83 and traded as high as C$19.55. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$19.44, with a volume of 72,521 shares.

Analyst Ratings Changes

Several equities analysts have recently commented on AD.UN shares. CIBC upped their price objective 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 shares of Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$26.00 in a report on Wednesday, December 11th.

Alaris Equity Partners Income Trust (AD.UN) Stock Performance

The stock's 50-day simple moving average is C$19.57 and its 200 day simple moving average is C$18.86. The company has a debt-to-equity ratio of 6.33, a quick ratio of 2.36 and a current ratio of 0.60. The company has a market capitalization of C$895.44 million, a PE ratio of 4.38, a P/E/G ratio of 0.80 and a beta of 2.08.

Insider Activity at Alaris Equity Partners Income Trust (AD.UN)

In other news, Senior Officer Curtis James Krawetz sold 4,000 shares of the firm's stock in a transaction on Friday, January 17th. The shares were sold at an average price of C$19.29, for a total value of C$77,160.00. Also, Senior Officer Elizabeth Teresa Mccarthy sold 7,000 shares of Alaris Equity Partners Income Trust (AD.UN) stock in a transaction dated Friday, March 14th. The shares were sold at an average price of C$19.30, for a total transaction of C$135,100.00. Insiders own 2.23% of the company's stock.

Alaris Equity Partners Income Trust (AD.UN) Company Profile

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.