Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Aaron Potter Sells 3,019 Shares

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Aaron Potter sold 3,019 shares of the business’s stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of C$19.96, for a total value of C$60,259.24.

Alaris Equity Partners Income Trust (AD.UN) Trading Down 1.6 %

Shares of AD.UN stock traded down C$0.31 on Friday, reaching C$19.42. 32,188 shares of the stock were exchanged, compared to its average volume of 77,475. The company has a quick ratio of 2.36, a current ratio of 0.60 and a debt-to-equity ratio of 6.33. The stock has a market cap of C$883.61 million, a P/E ratio of 4.33, a price-to-earnings-growth ratio of 0.80 and a beta of 2.08. The firm has a 50 day moving average of C$19.70 and a two-hundred day moving average of C$18.97. Alaris Equity Partners Income Trust has a 1-year low of C$15.08 and a 1-year high of C$20.68.

Analysts Set New Price Targets

AD.UN has been the topic of a number of research analyst reports. 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 raised their target price 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.

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.