Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Director Peter Grosskopf Buys 5,000 Shares

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Director Peter Grosskopf bought 5,000 shares of the stock in a transaction dated Friday, January 10th. The stock was purchased at an average price of C$18.26 per share, with a total value of C$91,285.00.

Alaris Equity Partners Income Trust (AD.UN) Stock Up 3.3 %

AD.UN stock opened at C$18.51 on Thursday. The business has a 50 day moving average of C$19.10 and a 200 day moving average of C$17.71. The firm has a market cap of C$842.21 million, a PE ratio of 4.12, a price-to-earnings-growth ratio of 0.80 and a beta of 2.08. Alaris Equity Partners Income Trust has a twelve month low of C$15.08 and a twelve month high of C$19.97. The company has a quick ratio of 2.36, a current ratio of 0.60 and a debt-to-equity ratio of 6.33.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. CIBC increased their price objective on Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$27.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Cormark increased their price target 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.