Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Sets New 1-Year High – Here’s Why

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) hit a new 52-week high on Wednesday . The company traded as high as C$19.22 and last traded at C$19.09, with a volume of 33473 shares traded. The stock had previously closed at C$19.05.

Analyst Ratings Changes

Separately, Cormark boosted their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$20.50 to C$21.00 in a research note on Tuesday, August 6th.

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

The company has a current ratio of 0.60, a quick ratio of 2.36 and a debt-to-equity ratio of 6.33. The company has a market capitalization of C$866.32 million, a PE ratio of 4.24, a price-to-earnings-growth ratio of 0.80 and a beta of 2.08. The stock’s 50-day moving average is C$17.88 and its two-hundred day moving average is C$16.72.

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

Alaris Royalty Corp. is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments. The firm does not invest in turnarounds and start-ups. It prefers to invest in the companies based in all industries except for those with a declining asset base, such as oil and gas resource companies, or any industry that carry the risk of obsolescence such as high tech and focuses on business services, professional services, information services, healthcare services, distribution & logistics, industrials, consumer products.