Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

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 traded.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on AD.UN shares. CIBC lifted their price objective on Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$27.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Cormark boosted 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) Trading Up 0.2 %

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 company has a 50-day moving average of C$19.54 and a 200 day moving average of C$18.85. The company has a market cap of C$895.44 million, a PE ratio of 4.38, a price-to-earnings-growth ratio of 0.80 and a beta of 2.08.

Insider Activity

In other Alaris Equity Partners Income Trust (AD.UN) news, Senior Officer Elizabeth Teresa Mccarthy sold 7,000 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of C$19.30, for a total transaction of C$135,100.00. Also, Senior Officer Curtis James Krawetz sold 4,000 shares of the company’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 value of C$77,160.00. 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.