National Bankshares Has Lowered Expectations for Alithya Group (TSE:ALYA) Stock Price

Alithya Group (TSE:ALYA) had its price objective dropped by analysts at National Bankshares from C$2.50 to C$2.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. National Bankshares’ price target would indicate a potential upside of 19.05% from the stock’s current price.

Separately, Ventum Financial dropped their target price on Alithya Group from C$2.70 to C$2.50 in a report on Friday.

Alithya Group Stock Performance

TSE:ALYA opened at C$1.68 on Friday. The firm has a market capitalization of C$148.92 million, a PE ratio of -14.00, a price-to-earnings-growth ratio of 2.38 and a beta of 0.42. The company has a quick ratio of 1.32, a current ratio of 1.30 and a debt-to-equity ratio of 68.30. Alithya Group has a 12-month low of C$1.34 and a 12-month high of C$2.40. The firm has a 50-day moving average price of C$1.76 and a 200 day moving average price of C$1.93.

About Alithya Group

Alithya Group Inc provides strategy and digital technology services in Canada, the United States, and Europe. The company offers strategic consulting, enterprise transformation, and business enablement services. It also offers advisory services for digital strategy, organization performance, cybersecurity, enterprise architecture, and change management.