Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Sets New 12-Month High at $17.72

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as C$17.72 and last traded at C$17.72, with a volume of 15545 shares. The stock had previously closed at C$17.67.

Wall Street Analysts Forecast Growth

Separately, Cormark raised their target price on Alaris Equity Partners Income Trust (AD.UN) from C$20.50 to C$21.00 in a research note on Tuesday, August 6th.

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

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’s 50-day moving average price is C$16.48 and its 200-day moving average price is C$16.28. The company has a market capitalization of C$804.44 million, a price-to-earnings ratio of 3.94, a price-to-earnings-growth ratio of 0.80 and a beta of 2.08.

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.