Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Share Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• AD.UN crossed above its 200-day moving average (200‑day MA C$20.88), trading as high as C$22.38 and last at C$22.13 on volume of 44,868, signaling a potential technical bullish shift.
• Analyst sentiment is positive with four Buys and one Hold, an average rating of "Moderate Buy" and an average target price of C$24.90 after recent target increases from Acumen (C$26.50), CIBC (C$25.00) and RBC (to C$22.00).
• The trust has a market cap of C$1.0 billion and attractive valuation metrics (P/E 12.65, P/E/G 0.80) but notable leverage (debt-to-equity 6.33) and a low current ratio (0.60), reflecting both income potential and balance-sheet risks.

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$20.88 and traded as high as C$22.38. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$22.13, with a volume of 44,868 shares changing hands.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on AD.UN shares. Acumen Capital boosted their target price on Alaris Equity Partners Income Trust (AD.UN) from C$26.00 to C$26.50 and gave the stock a "buy" rating in a research report on Monday, April 6th. Canadian Imperial Bank of Commerce set a C$25.00 price target on Alaris Equity Partners Income Trust (AD.UN) and gave the company an "outperform" rating in a report on Monday, March 23rd. Finally, Royal Bank Of Canada lifted their price target on Alaris Equity Partners Income Trust (AD.UN) from C$21.00 to C$22.00 and gave the company a "sector perform" rating in a research note on Monday, January 26th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of C$24.90.

Alaris Equity Partners Income Trust (AD.UN) Trading Down 0.6%

The stock has a market cap of C$1.00 billion, a PE ratio of 12.65, a P/E/G ratio of 0.80 and a beta of 1.18. The business's fifty day moving average is C$21.58 and its 200 day moving average is C$20.88. The company has a quick ratio of 2.36, a current ratio of 0.60 and a debt-to-equity ratio of 6.33.

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. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure such as gross margin and same-store sales and rank in priority to the owner's common equity position.

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