Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Sets New 12-Month High – Still a Buy?

Posted by Donna Armstrong on Nov 23rd, 2024

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN – Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as C$19.55 and last traded at C$19.55, with a volume of 34010 shares traded. The stock had previously closed at C$19.43.

Analysts Set New Price Targets

Separately, Cormark upped their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$20.50 to C$21.00 in a report on Tuesday, August 6th.

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

Alaris Equity Partners Income Trust (AD.UN) Trading Up 1.3 %

The company’s 50-day moving average is C$18.28 and its 200-day moving average is C$16.90. The firm has a market cap of C$900.90 million, a price-to-earnings ratio of 4.41, 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.

Alaris Equity Partners Income Trust (AD.UN) Company Profile

(Get Free Report)

Alaris Royalty Corp. is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments. The firm does not invest in turnarounds and start-ups. It prefers to invest in the companies based in all industries except for those with a declining asset base, such as oil and gas resource companies, or any industry that carry the risk of obsolescence such as high tech and focuses on business services, professional services, information services, healthcare services, distribution & logistics, industrials, consumer products.