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

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$19.07 and traded as high as C$19.38. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$19.29, with a volume of 40,291 shares trading hands.

Wall Street Analysts Forecast Growth

AD.UN has been the subject of several research analyst reports. 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 report on Tuesday, June 24th. Desjardins dropped their price target on Alaris Equity Partners Income Trust (AD.UN) from C$26.00 to C$25.00 and set a "buy" rating on the stock in a research note on Tuesday, April 29th.

Alaris Equity Partners Income Trust (AD.UN) Stock Down 0.5%

The firm's 50 day simple moving average is C$18.82 and its 200-day simple moving average is C$19.07. The stock has a market capitalization of C$866.78 million, a price-to-earnings ratio of 4.24, a price-to-earnings-growth ratio of 0.80 and a beta of 2.08. The company has a current ratio of 0.60, a quick ratio of 2.36 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.