Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Stock Passes Above 200 Day Moving Average – Time to Sell?

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$16.87 and traded as high as C$19.45. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$19.43, with a volume of 22,505 shares.

Wall Street Analysts Forecast Growth

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

Alaris Equity Partners Income Trust (AD.UN) Stock Up 0.3 %

The stock has a market cap of C$884.07 million, a P/E ratio of 4.33, a P/E/G ratio of 0.80 and a beta of 2.08. 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 company has a 50-day simple moving average of C$18.21 and a two-hundred day simple moving average of C$16.87.

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.