Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Sells C$135,100.00 in Stock

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

Alaris Equity Partners Income Trust (AD.UN) Stock Up 0.2 %

TSE:AD.UN opened at C$19.68 on Monday. The stock has a 50-day simple moving average of C$19.57 and a 200 day simple moving average of C$18.87. Alaris Equity Partners Income Trust has a one year low of C$15.08 and a one year high of C$20.68. The company has a market capitalization of C$895.44 million, a price-to-earnings ratio of 4.38, a price-to-earnings-growth 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.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AD.UN shares. CIBC raised their price target 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 report on Wednesday, December 11th. Cormark increased their price objective on shares of Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$26.00 in a research note on Wednesday, December 11th.

About Alaris Equity Partners Income Trust (AD.UN)

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.