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 Friday . The stock has a 200-day moving average of C$18.45 and traded as high as C$20.29. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$19.99, with a volume of 148,149 shares trading hands.
A number of brokerages have recently commented on AD.UN. CIBC raised their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$27.00 and gave the company an "outperform" rating in a research note on Wednesday, December 11th. 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.
View Our Latest Stock Report on AD.UN
The company has a current ratio of 0.60, a quick ratio of 2.36 and a debt-to-equity ratio of 6.33. The business's 50-day moving average is C$19.43 and its two-hundred day moving average is C$18.45. The firm has a market cap of C$909.55 million, a P/E ratio of 4.45, a P/E/G ratio of 0.80 and a beta of 2.08.
In other Alaris Equity Partners Income Trust (AD.UN) news, Senior Officer Matthew Mcintyre sold 5,419 shares of the business's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of C$19.00, for a total transaction of C$102,961.00. Also, Senior Officer Curtis James Krawetz sold 4,000 shares of the business's stock in a transaction dated Friday, January 17th. The shares were sold at an average price of C$19.29, for a total transaction of C$77,160.00. Insiders own 2.23% of the company's stock.
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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