Peter Grosskopf Acquires 5,000 Shares of Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Stock

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Director Peter Grosskopf acquired 5,000 shares of the business’s stock in a transaction on Friday, January 10th. The shares were purchased at an average cost of C$18.26 per share, for a total transaction of C$91,285.00.

Alaris Equity Partners Income Trust (AD.UN) Stock Down 1.3 %

AD.UN stock traded down C$0.24 during midday trading on Monday, hitting C$17.91. The company’s stock had a trading volume of 79,611 shares, compared to its average volume of 57,369. The firm’s 50-day moving average is C$19.11 and its 200-day moving average is C$17.68. The company has a current ratio of 0.60, a quick ratio of 2.36 and a debt-to-equity ratio of 6.33. Alaris Equity Partners Income Trust has a 12 month low of C$15.08 and a 12 month high of C$19.97. The company has a market cap of C$814.91 million, a PE ratio of 3.99, a P/E/G ratio of 0.80 and a beta of 2.08.

Analysts Set New Price Targets

A number of brokerages have recently commented on AD.UN. Cormark boosted their target price 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 boosted their price target 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 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.