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

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 that occurred on Tuesday, March 25th. The stock was 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 %

TSE:AD.UN opened at C$19.41 on Friday. Alaris Equity Partners Income Trust has a 52 week low of C$15.08 and a 52 week high of C$20.68. The firm has a 50-day moving average price of C$19.70 and a two-hundred day moving average price of C$18.97. The firm has a market cap of C$883.16 million, a price-to-earnings ratio of 4.32, a price-to-earnings-growth 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.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AD.UN shares. Cormark upped their price target on Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$26.00 in a report on Wednesday, December 11th. CIBC upped 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 note on Wednesday, December 11th.

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

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.