Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Reaches New 1-Year High at $17.60

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) shares reached a new 52-week high during trading on Thursday . The company traded as high as C$17.60 and last traded at C$17.60, with a volume of 33462 shares changing hands. The stock had previously closed at C$17.25.

Analyst Upgrades and Downgrades

Separately, Cormark boosted their price objective on shares of Alaris Equity Partners Income Trust (AD.UN) from C$20.50 to C$21.00 in a research report on Tuesday, August 6th.

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

The company has a market cap of C$800.35 million, a price-to-earnings ratio of 3.84, a PEG ratio of 0.80 and a beta of 2.08. The company’s 50 day moving average price is C$16.36 and its 200 day moving average price is C$16.25. The company has a current ratio of 0.60, a quick ratio of 2.36 and a debt-to-equity ratio of 6.33.

About Alaris Equity Partners Income Trust (AD.UN)

Alaris Royalty Corp. is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments. The firm does not invest in turnarounds and start-ups. It prefers to invest in the companies based in all industries except for those with a declining asset base, such as oil and gas resource companies, or any industry that carry the risk of obsolescence such as high tech and focuses on business services, professional services, information services, healthcare services, distribution & logistics, industrials, consumer products.