Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Posted by Brian Himes on Feb 15th, 2025

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$18.30 and traded as high as C$20.29. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$20.13, with a volume of 62,295 shares trading hands.

Analyst Upgrades and Downgrades

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

View Our Latest Report on Alaris Equity Partners Income Trust (AD.UN)

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

The firm has a market capitalization of C$913.64 million, a PE ratio of 4.47, 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 current ratio of 0.60 and a quick ratio of 2.36. The business’s 50 day moving average is C$19.34 and its two-hundred day moving average is C$18.31.

Insider Activity

In other news, Senior Officer Curtis James Krawetz sold 4,000 shares of the company’s stock in a transaction 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. Also, Senior Officer Matthew Mcintyre sold 5,419 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of C$19.00, for a total transaction of C$102,961.00. Corporate insiders own 2.23% of the company’s stock.

About Alaris Equity Partners Income Trust (AD.UN)

(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.