Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Sets New 12-Month High at $17.60

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN)’s share price reached a new 52-week high during mid-day 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 trading hands. The stock had previously closed at C$17.25.

Wall Street Analysts Forecast Growth

Separately, Cormark lifted 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) Trading Down 1.4 %

The business has a fifty day moving average of C$16.42 and a 200-day moving average of C$16.26. The company has a debt-to-equity ratio of 6.33, a quick ratio of 2.36 and a current ratio of 0.60. The company has a market capitalization of C$789.43 million, a P/E ratio of 3.86, a PEG ratio of 0.80 and a beta of 2.08.

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

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.