Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Sells C$135,100.00 in Stock

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Elizabeth Teresa Mccarthy sold 7,000 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of C$19.30, for a total value of C$135,100.00.

Alaris Equity Partners Income Trust (AD.UN) Stock Up 0.2 %

TSE AD.UN opened at C$19.68 on Friday. The business has a fifty day moving average price of C$19.57 and a 200 day moving average price of C$18.86. Alaris Equity Partners Income Trust has a one year low of C$15.08 and a one year high of C$20.68. 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 company has a market cap of C$895.44 million, a P/E ratio of 4.38, a P/E/G ratio of 0.80 and a beta of 2.08.

Analyst Ratings Changes

A number of brokerages have issued reports on AD.UN. CIBC boosted their price target 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 report on Wednesday, December 11th. Cormark upped their target price on 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.