Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$16.56 and traded as high as C$18.26. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$18.15, with a volume of 38,801 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Cormark upped their price target on shares of 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 firm has a market cap of C$825.83 million, a price-to-earnings ratio of 4.04, a P/E/G ratio of 0.80 and a beta of 2.08. The business’s 50-day simple moving average is C$17.56 and its two-hundred day simple moving average is C$16.56. 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.