Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UN) Stock Passes Above Two Hundred Day Moving Average of $15.46

Alaris Equity Partners Income Trust (AD.UN) (TSE:AD.UNGet Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$15.46 and traded as high as C$16.83. Alaris Equity Partners Income Trust (AD.UN) shares last traded at C$16.66, with a volume of 57,222 shares trading hands.

Analyst Ratings Changes

A number of analysts have issued reports on AD.UN shares. CIBC raised their target price on Alaris Equity Partners Income Trust (AD.UN) from C$18.00 to C$20.00 in a research report on Monday, January 29th. Royal Bank of Canada lifted their price objective on Alaris Equity Partners Income Trust (AD.UN) from C$17.00 to C$18.00 and gave the stock a “sector perform” rating in a report on Friday, March 15th. Desjardins upped their price objective on shares of Alaris Equity Partners Income Trust (AD.UN) from C$20.00 to C$20.50 and gave the company a “buy” rating in a report on Wednesday, February 14th. Finally, Cormark lifted their target price on shares of Alaris Equity Partners Income Trust (AD.UN) from C$19.50 to C$20.50 in a research note on Monday, March 18th.

View Our Latest Report on Alaris Equity Partners Income Trust (AD.UN)

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

The firm has a market capitalization of C$758.03 million, a PE ratio of 5.69, a P/E/G ratio of 0.80 and a beta of 2.06. The company has a debt-to-equity ratio of 41.98, a current ratio of 0.39 and a quick ratio of 2.36. The business’s 50 day moving average is C$16.58 and its two-hundred day moving average is C$15.46.

Alaris Equity Partners Income Trust (AD.UN) Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Monday, April 15th will be paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 8.16%. The ex-dividend date is Wednesday, March 27th. Alaris Equity Partners Income Trust (AD.UN)’s dividend payout ratio (DPR) is currently 46.42%.

About Alaris Equity Partners Income Trust (AD.UN)

(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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