Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) shares passed 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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in 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 objective 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 report on Wednesday, December 11th.

Alaris Equity Partners Income Trust (AD.UN) Stock Up 0.8 %

The stock’s fifty day moving average is C$19.52 and its 200 day moving average is C$18.83. 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 company has a market capitalization of C$884.52 million, a P/E ratio of 4.33, a price-to-earnings-growth ratio of 0.80 and a beta of 2.08.

Insider Activity at Alaris Equity Partners Income Trust (AD.UN)

In other Alaris Equity Partners Income Trust (AD.UN) news, Senior Officer Curtis James Krawetz sold 4,000 shares of the business’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of C$19.29, for a total transaction of C$77,160.00. Also, Director Peter Grosskopf acquired 5,000 shares of Alaris Equity Partners Income Trust (AD.UN) stock in a transaction on Friday, January 10th. The shares were bought at an average cost of C$18.26 per share, for a total transaction of C$91,285.00. 2.23% of the stock is currently owned by company insiders.

Alaris Equity Partners Income Trust (AD.UN) Company Profile

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.