Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Stock Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• Crossed above its 200-day moving average: AD.UN moved above the C$21.01 200‑day MA, trading as high as C$22.78 and last at C$22.60 on volume of 90,037 shares.
• Analyst sentiment is positive: Four analysts rate the stock as Buy and one as Hold, producing a consensus "Moderate Buy" with an average price target of C$24.90 (recent targets C$22.00–C$26.50).
• Valuation and financials: Market cap ~C$1.02B, P/E 12.9 and PEG 0.80, with a high debt-to-equity ratio (6.33) and mixed liquidity metrics (quick ratio 2.36, current ratio 0.60).

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$21.01 and traded as high as C$22.78. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$22.60, with a volume of 90,037 shares traded.

Wall Street Analyst Weigh In

AD.UN has been the subject of several research reports. Royal Bank Of Canada upped their price objective on shares of Alaris Equity Partners Income Trust (AD.UN) from C$21.00 to C$22.00 and gave the stock a "sector perform" rating in a report on Monday, January 26th. Acumen Capital increased 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. Finally, Canadian Imperial Bank of Commerce set a C$25.00 target price on Alaris Equity Partners Income Trust (AD.UN) and gave the stock an "outperform" rating in a research report on Monday, March 23rd. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of C$24.90.

Alaris Equity Partners Income Trust (AD.UN) Stock Up 0.9%

The stock's 50-day moving average price is C$21.59 and its two-hundred day moving average price is C$21.01. The stock has a market capitalization of C$1.02 billion, a PE ratio of 12.91, a P/E/G ratio of 0.80 and a beta of 1.24. The company has a debt-to-equity ratio of 6.33, a quick ratio of 2.36 and a current ratio of 0.60.

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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