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 stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of C$19.96, for a total transaction of C$60,259.24.

Alaris Equity Partners Income Trust (AD.UN) Price Performance

Shares of TSE AD.UN opened at C$19.41 on Friday. Alaris Equity Partners Income Trust has a fifty-two week low of C$15.08 and a fifty-two week high of C$20.68. The stock has a market cap of C$883.16 million, a P/E ratio of 4.32, a P/E/G ratio of 0.80 and a beta of 2.08. The firm’s 50-day simple moving average is C$19.70 and its 200 day simple moving average is C$18.97. The company has a quick ratio of 2.36, a current ratio of 0.60 and a debt-to-equity ratio of 6.33.

Analysts Set New Price Targets

AD.UN has been the topic of a number of analyst reports. Cormark increased their price objective on shares of Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$26.00 in a report on Wednesday, December 11th. 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.

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.