Alithya Group (TSE:ALYA) Trading Up 1.9%

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

Analyst Ratings Changes

Several equities research analysts have weighed in on ALYA shares. Cormark boosted their price objective on Alithya Group from C$2.75 to C$3.50 in a research note on Tuesday, February 20th. Echelon Wealth Partners set a C$2.70 price objective on shares of Alithya Group and gave the company a “buy” rating in a research report on Monday, February 5th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Alithya Group presently has a consensus rating of “Moderate Buy” and an average price target of C$3.03.

Alithya Group Stock Performance

The firm has a fifty day moving average price of C$2.02 and a two-hundred day moving average price of C$1.86. 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 stock has a market capitalization of C$187.11 million, a PE ratio of -5.17, a P/E/G ratio of 2.38 and a beta of 0.53.

About Alithya Group

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.