Alithya Group (TSE:ALYA) Shares Up 1.6% – Time to Buy?

Alithya Group Inc. (TSE:ALYA)’s share price traded up 1.6% on Wednesday . The stock traded as high as C$1.95 and last traded at C$1.91. 11,651 shares changed hands during trading, a decline of 72% from the average session volume of 41,279 shares. The stock had previously closed at C$1.88.

Analyst Ratings Changes

Several research analysts have recently issued reports on ALYA shares. National Bankshares decreased their target price on Alithya Group from C$2.50 to C$2.00 in a research report on Friday, November 15th. Ventum Financial reduced their price target on Alithya Group from C$2.70 to C$2.50 in a research note on Friday, November 15th.

Alithya Group Price Performance

The firm’s 50 day moving average is C$1.76 and its 200 day moving average is C$1.75. The firm has a market cap of C$172.91 million, a P/E ratio of -55.09, a price-to-earnings-growth ratio of 2.38 and a beta of 0.42. The company has a debt-to-equity ratio of 68.27, a current ratio of 1.39 and a quick ratio of 1.32.

About Alithya Group

Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, the us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors.