Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Share Price Passes Above 200-Day Moving Average - What's Next?

Key Points

• Shares crossed above the 200‑day moving average, trading as high as C$22.38 and last at C$22.23 on volume of 52,915, signaling a bullish technical shift.
• Analysts have raised price targets and the stock holds a consensus "Moderate Buy" (four Buys, one Hold) with an average target of C$24.90; notable recent targets include RBC C$22, Acumen C$26.50, and CIBC C$25.
• Key fundamentals: market cap ~C$1.01 billion, P/E 12.7, PEG 0.80, beta 1.18, with a high debt‑to‑equity ratio of 6.33 and liquidity ratios of quick 2.36 and current 0.60.

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 Monday . The stock has a two hundred day moving average of C$20.58 and traded as high as C$22.38. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$22.23, with a volume of 52,915 shares.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. 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 report on Monday, January 26th. Acumen Capital increased their price objective 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 report on Monday, April 6th. Finally, Canadian Imperial Bank of Commerce set a C$25.00 price objective on shares of Alaris Equity Partners Income Trust (AD.UN) and gave the company an "outperform" rating in a research report on Monday, March 23rd. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of C$24.90.

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

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's 50-day simple moving average is C$21.56 and its two-hundred day simple moving average is C$20.58. The stock has a market cap of C$1.01 billion, a price-to-earnings ratio of 12.70, a price-to-earnings-growth ratio of 0.80 and a beta of 1.18.

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. 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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