Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$17.30 and traded as high as C$18.97. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$18.53, with a volume of 124,325 shares.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on AD.UN. Cormark lifted their price target 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. CIBC raised their target price 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.
View Our Latest Analysis on Alaris Equity Partners Income Trust (AD.UN)
Alaris Equity Partners Income Trust (AD.UN) Price Performance
The company has a debt-to-equity ratio of 6.33, a current ratio of 0.60 and a quick ratio of 2.36. The firm has a market capitalization of C$843.57 million, a price-to-earnings ratio of 4.13, a PEG ratio of 0.80 and a beta of 2.08. The business's fifty day simple moving average is C$18.96 and its 200 day simple moving average is C$17.32.
Insider Transactions at Alaris Equity Partners Income Trust (AD.UN)
In related news, Senior Officer Matthew Mcintyre sold 5,419 shares of the company's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of C$19.00, for a total value of C$102,961.00. 2.23% of the stock is owned by 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.
Recommended Stories
Before you consider Alaris Equity Partners Income Trust (AD.UN), you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alaris Equity Partners Income Trust (AD.UN) wasn't on the list.
While Alaris Equity Partners Income Trust (AD.UN) currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
