Insider Buying: Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Director Acquires 5,000 Shares of Stock

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN - Get Free Report) Director Peter Grosskopf bought 5,000 shares of the company's stock in a transaction that occurred on Friday, January 10th. The stock was purchased at an average price of C$18.26 per share, with a total value of C$91,285.00.

Alaris Equity Partners Income Trust (AD.UN) Trading Down 1.3 %

Shares of Alaris Equity Partners Income Trust (AD.UN) stock traded down C$0.24 on Monday, hitting C$17.91. The stock had a trading volume of 79,611 shares, compared to its average volume of 57,369. The stock's 50-day simple moving average is C$19.11 and its two-hundred day simple moving average is C$17.68. Alaris Equity Partners Income Trust has a one year low of C$15.08 and a one year high of C$19.97. 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 stock has a market cap of C$814.91 million, a price-to-earnings ratio of 3.99, a PEG ratio of 0.80 and a beta of 2.08.

Wall Street Analysts Forecast Growth

Several research analysts have commented on AD.UN shares. Cormark boosted 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. CIBC boosted 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 research note on Wednesday, December 11th.

About Alaris Equity Partners Income Trust (AD.UN)

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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