Insider Selling: Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Sells 7,000 Shares of Stock

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Elizabeth Teresa Mccarthy sold 7,000 shares of the stock in a transaction dated Friday, March 14th. The stock was sold at an average price of C$19.30, for a total transaction of C$135,100.00.

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

Shares of TSE AD.UN opened at C$19.68 on Friday. 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 firm’s 50-day moving average price is C$19.57 and its two-hundred day moving average price is C$18.86. Alaris Equity Partners Income Trust has a 52-week low of C$15.08 and a 52-week high of C$20.68. The stock has a market capitalization of C$895.44 million, a P/E ratio of 4.38, a P/E/G ratio of 0.80 and a beta of 2.08.

Wall Street Analysts Forecast Growth

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

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.