Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Aaron Potter Sells 3,019 Shares of Stock

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Aaron Potter sold 3,019 shares of the firm’s stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of C$19.96, for a total value of C$60,259.24.

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

AD.UN stock opened at C$19.41 on Friday. The company has a market cap of C$883.16 million, a price-to-earnings ratio of 4.32, a PEG ratio of 0.80 and a beta of 2.08. The company has a current ratio of 0.60, a quick ratio of 2.36 and a debt-to-equity ratio of 6.33. Alaris Equity Partners Income Trust has a 12-month low of C$15.08 and a 12-month high of C$20.68. The firm has a 50 day moving average of C$19.70 and a 200-day moving average of C$18.97.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on AD.UN shares. CIBC lifted their price objective 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 report on Wednesday, December 11th. Cormark boosted their price objective 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.

About Alaris Equity Partners Income Trust (AD.UN)

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.