Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Stock Crosses Above 200-Day Moving Average – What’s Next?

Posted by ABMN Staff on Jan 4th, 2025

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN – Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$17.57 and traded as high as C$19.29. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$19.08, with a volume of 39,907 shares changing hands.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AD.UN. Cormark boosted their target price on Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$26.00 in a research report on Wednesday, December 11th. CIBC increased 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 report on Wednesday, December 11th.

Get Our Latest Stock Analysis on Alaris Equity Partners Income Trust (AD.UN)

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

The stock’s 50-day moving average price is C$19.07 and its 200-day moving average price is C$17.57. The company has a market capitalization of C$868.14 million, a price-to-earnings ratio of 4.25, 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 quick ratio of 2.36 and a current ratio of 0.60.

Insider Buying and Selling

In other Alaris Equity Partners Income Trust (AD.UN) news, Senior Officer Matthew Mcintyre sold 5,419 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of C$19.00, for a total transaction of C$102,961.00. 2.23% of the stock is currently owned by insiders.

Alaris Equity Partners Income Trust (AD.UN) Company Profile

(Get Free Report)

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.