Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Reaches New 52-Week High – Still a Buy?

Posted by Jay Halladay on Jan 29th, 2025

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as C$20.40 and last traded at C$20.34, with a volume of 96174 shares. The stock had previously closed at C$19.95.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. CIBC upped their price target on Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$27.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. Cormark upped their price target on Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$26.00 in a research note on Wednesday, December 11th.

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

Alaris Equity Partners Income Trust (AD.UN) Stock Up 2.0 %

The stock has a market capitalization of C$925.47 million, a price-to-earnings ratio of 4.53, a PEG ratio of 0.80 and a beta of 2.08. The firm has a 50-day moving average of C$19.19 and a 200 day moving average of C$17.97. The company has a debt-to-equity ratio of 6.33, a current ratio of 0.60 and a quick ratio of 2.36.

Insider Activity

In related news, Director Peter Grosskopf acquired 5,000 shares of the stock in a transaction on Friday, January 10th. The shares were purchased at an average price of C$18.26 per share, for a total transaction of C$91,285.00. Also, Senior Officer Matthew Mcintyre sold 5,419 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of C$19.00, for a total value of C$102,961.00. Insiders own 2.23% of the company’s stock.

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.