Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Sells C$77,160.00 in Stock

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Curtis James Krawetz sold 4,000 shares of Alaris Equity Partners Income Trust (AD.UN) stock in a transaction on Friday, January 17th. The stock was sold at an average price of C$19.29, for a total transaction of C$77,160.00.

Alaris Equity Partners Income Trust (AD.UN) Trading Up 1.8 %

Shares of TSE:AD.UN traded up C$0.34 during midday trading on Tuesday, hitting C$19.75. 110,385 shares of the stock traded hands, compared to its average volume of 80,508. 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 business’s 50 day moving average is C$19.10 and its two-hundred day moving average is C$17.80. The stock has a market capitalization of C$898.63 million, a PE ratio of 4.40, a P/E/G ratio of 0.80 and a beta of 2.08. Alaris Equity Partners Income Trust has a one year low of C$15.08 and a one year high of C$19.97.

Wall Street Analysts Forecast Growth

AD.UN has been the topic of several analyst reports. 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 report on Wednesday, December 11th. Cormark boosted their price objective on 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) 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.