Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Posted by Jon Anderson on Feb 6th, 2025

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$18.13 and traded as high as C$20.39. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$20.35, with a volume of 171,315 shares traded.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Cormark raised 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. CIBC lifted their price objective 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.

View Our Latest Stock Analysis on AD.UN

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

The firm has a market capitalization of C$925.93 million, a PE ratio of 4.53, 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 quick ratio of 2.36 and a current ratio of 0.60. The firm has a fifty day moving average of C$19.24 and a 200 day moving average of C$18.13.

Insider Activity at Alaris Equity Partners Income Trust (AD.UN)

In other Alaris Equity Partners Income Trust (AD.UN) news, Senior Officer Matthew Mcintyre sold 5,419 shares of Alaris Equity Partners Income Trust (AD.UN) stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of C$19.00, for a total transaction of C$102,961.00. Also, Director Peter Grosskopf acquired 5,000 shares of the company’s stock in a transaction on Friday, January 10th. The shares were acquired at an average price of C$18.26 per share, for a total transaction of C$91,285.00. Company 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.