Shares of Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN - Get Free Report) crossed 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 traded.
Wall Street Analysts Forecast Growth
AD.UN has been the subject of a number of analyst reports. CIBC boosted their price target on Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$27.00 and gave the stock an "outperform" rating in a research 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 report on Wednesday, December 11th.
Get Our Latest Analysis on Alaris Equity Partners Income Trust (AD.UN)
Alaris Equity Partners Income Trust (AD.UN) Stock Up 0.2 %
The stock has a market capitalization of C$895.44 million, a price-to-earnings ratio of 4.38, a price-to-earnings-growth ratio of 0.80 and a beta of 2.08. The company has a quick ratio of 2.36, a current ratio of 0.60 and a debt-to-equity ratio of 6.33. The firm has a 50-day moving average of C$19.57 and a two-hundred day moving average of C$18.86.
Insiders Place Their Bets
In other news, Director Peter Grosskopf bought 5,000 shares of the company's stock in a transaction on Friday, January 10th. The shares were bought at an average cost of C$18.26 per share, with a total value of C$91,285.00. Also, Senior Officer Elizabeth Teresa Mccarthy sold 7,000 shares of the company's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of C$19.30, for a total value of C$135,100.00. Insiders own 2.23% of the company's stock.
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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