Alithya Group (TSE:ALYA) Shares Up 1.9%

Alithya Group Inc. (TSE:ALYA)’s stock price rose 1.9% during mid-day trading on Thursday . The stock traded as high as C$2.15 and last traded at C$2.14. Approximately 47,632 shares changed hands during mid-day trading, an increase of 42% from the average daily volume of 33,653 shares. The stock had previously closed at C$2.10.

Analysts Set New Price Targets

ALYA has been the topic of several research analyst reports. Echelon Wealth Partners set a C$2.70 price target on Alithya Group and gave the company a “buy” rating in a research report on Monday, February 5th. Cormark raised their price target on Alithya Group from C$2.75 to C$3.50 in a research report on Tuesday, February 20th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$3.03.

Alithya Group Trading Up 1.9 %

The stock has a market cap of C$188.88 million, a P/E ratio of -5.22, a PEG ratio of 2.38 and a beta of 0.53. The company has a debt-to-equity ratio of 78.64, a current ratio of 1.16 and a quick ratio of 1.32. The business’s 50 day simple moving average is C$2.02 and its 200 day simple moving average is C$1.86.

Alithya Group Company Profile

Alithya Group Inc provides strategy and digital technology services in Canada, the United States, and Europe. The company's business strategy services include strategic consulting, digital transformation, organizational performance, and enterprise architecture services. It also provides application services, such as digital applications DevOps, legacy systems modernization, control and software engineering, cloud infrastructure, quality assurance, and automated testing; enterprise solutions comprising enterprise resource planning, corporate performance management, customer relationship management, and human capital management; and data and analytics solutions, including business intelligence, data management, artificial intelligence (AI), and machine learning, as well as internet of things.