Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UNGet Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$17.80 and traded as high as C$19.45. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$19.41, with a volume of 64,944 shares traded.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. 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 company an “outperform” rating in a report on Wednesday, December 11th. Cormark increased their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$26.00 in a research report on Wednesday, December 11th.

Get Our Latest Stock Report on AD.UN

Alaris Equity Partners Income Trust (AD.UN) Trading Up 0.6 %

The firm’s fifty day moving average price is C$19.10 and its two-hundred day moving average price is C$17.80. 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 stock has a market cap of C$883.16 million, a P/E ratio of 4.32, a PEG ratio of 0.80 and a beta of 2.08.

Insider Buying and Selling

In other Alaris Equity Partners Income Trust (AD.UN) news, Senior Officer Matthew Mcintyre sold 5,419 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of C$19.00, for a total transaction of C$102,961.00. Also, Director Peter Grosskopf purchased 5,000 shares of the firm’s stock in a transaction on Friday, January 10th. The stock was bought at an average cost of C$18.26 per share, for a total transaction of C$91,285.00. 2.23% of the stock is owned by company insiders.

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.

See Also

Receive News & Ratings for Alaris Equity Partners Income Trust (AD.UN) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alaris Equity Partners Income Trust (AD.UN) and related companies with MarketBeat.com's FREE daily email newsletter.