Free Trial

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Stock Crosses Above 200 Day Moving Average - Here's What Happened

Alaris Equity Partners Income Trust (AD.UN) logo with Finance background

Key Points

  • Alaris Equity Partners Income Trust (AD.UN) shares recently moved above their 200-day moving average of C$19.07, indicating a potential upward trend in trading.
  • Desjardins and Raymond James analysts have adjusted their target prices for AD.UN, setting them at C$25.00 and C$24.00 respectively, both maintaining a positive outlook on the stock.
  • Alaris Equity Partners has a market capitalization of C$859.95 million and a price-to-earnings ratio of 4.21, reflecting its financial positioning in the market.
  • Five stocks we like better than Alaris Equity Partners Income Trust (AD.UN).

Shares of Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$19.07 and traded as high as C$19.15. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$18.90, with a volume of 48,139 shares.

Analysts Set New Price Targets

A number of research firms have recently issued reports on AD.UN. Desjardins reduced their target price on Alaris Equity Partners Income Trust (AD.UN) from C$26.00 to C$25.00 and set a "buy" rating for the company in a report on Tuesday, April 29th. Raymond James Financial set a C$24.00 price target on Alaris Equity Partners Income Trust (AD.UN) and gave the company an "outperform" rating in a research report on Tuesday, June 24th.

Check Out Our Latest Stock Analysis on Alaris Equity Partners Income Trust (AD.UN)

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

The business's 50 day moving average is C$18.89 and its two-hundred day moving average is C$19.09. The firm has a market cap of C$860.86 million, a P/E ratio of 4.21, a P/E/G ratio of 0.80 and a beta of 2.08. The company has a quick ratio of 2.36, a current ratio of 0.60 and a debt-to-equity ratio of 6.33.

About Alaris Equity Partners Income Trust (AD.UN)

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Alaris Equity Partners Income Trust (AD.UN) Right Now?

Before you consider Alaris Equity Partners Income Trust (AD.UN), you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alaris Equity Partners Income Trust (AD.UN) wasn't on the list.

While Alaris Equity Partners Income Trust (AD.UN) currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines