Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Matthew Mcintyre Sells 5,419 Shares

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Senior Officer Matthew Mcintyre sold 5,419 shares of the stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of C$19.00, for a total transaction of C$102,961.00.

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

Shares of AD.UN stock traded up C$0.62 on Wednesday, reaching C$19.43. The stock had a trading volume of 84,266 shares, compared to its average volume of 55,867. The company has a 50 day simple moving average of C$18.82 and a 200 day simple moving average of C$17.17. 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 stock has a market cap of C$884.07 million, a P/E ratio of 4.31, a price-to-earnings-growth ratio of 0.80 and a beta of 2.08. Alaris Equity Partners Income Trust has a 1 year low of C$15.08 and a 1 year high of C$19.97.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on AD.UN shares. Cormark raised their price target on shares of Alaris Equity Partners Income Trust (AD.UN) from C$24.00 to C$26.00 in a report on Wednesday. CIBC increased their price objective 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.

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.