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)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-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.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AD.UN. CIBC raised their price target on shares of Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$27.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Cormark raised their price target on shares of Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$26.00 in a research report on Wednesday, December 11th.

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

The stock has a market cap of C$884.52 million, a PE ratio of 4.33, a P/E/G ratio of 0.80 and a beta of 2.08. The company has a debt-to-equity ratio of 6.33, a current ratio of 0.60 and a quick ratio of 2.36. The firm’s 50 day moving average price is C$19.52 and its two-hundred day moving average price is C$18.83.

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

In related news, Senior Officer Curtis James Krawetz sold 4,000 shares of the business’s stock in a transaction that occurred 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 that occurred on Friday, January 10th. The shares were purchased at an average cost of C$18.26 per share, with a total value of C$91,285.00. Corporate insiders own 2.23% of the company’s stock.

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.