Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Stock Passes Above 200-Day Moving Average – Should You Sell?

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$16.49 and traded as high as C$18.58. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$18.47, with a volume of 49,946 shares.

Wall Street Analyst Weigh In

Separately, Cormark raised 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.

Alaris Equity Partners Income Trust (AD.UN) Trading Down 1.5 %

The company has a debt-to-equity ratio of 6.33, a current ratio of 0.60 and a quick ratio of 2.36. The business has a 50-day moving average of C$17.38 and a 200-day moving average of C$16.50. The firm has a market cap of C$828.10 million, a price-to-earnings ratio of 4.05, a P/E/G ratio of 0.80 and a beta of 2.08.

About Alaris Equity Partners Income Trust (AD.UN)

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.