Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Hits New 52-Week High – Here’s Why

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UNGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$19.17 and last traded at C$18.99, with a volume of 39361 shares. The stock had previously closed at C$18.35.

Analysts Set New Price Targets

Separately, Cormark increased their price objective on Alaris Equity Partners Income Trust (AD.UN) from C$20.50 to C$21.00 in a research report on Tuesday, August 6th.

Get Our Latest Analysis on AD.UN

Alaris Equity Partners Income Trust (AD.UN) Stock Up 3.7 %

The firm has a market capitalization of C$865.41 million, a PE ratio of 4.09, 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. The firm has a 50-day moving average of C$17.63 and a two-hundred day moving average of C$16.60.

Alaris Equity Partners Income Trust (AD.UN) Company Profile

(Get Free Report)

Alaris Royalty Corp. is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments. The firm does not invest in turnarounds and start-ups. It prefers to invest in the companies based in all industries except for those with a declining asset base, such as oil and gas resource companies, or any industry that carry the risk of obsolescence such as high tech and focuses on business services, professional services, information services, healthcare services, distribution & logistics, industrials, consumer products.

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