Alithya Group (TSE:ALYA) Trading Down 0.6% – What’s Next?

Alithya Group Inc. (TSE:ALYA)’s share price was down 0.6% during mid-day trading on Friday . The stock traded as low as C$1.64 and last traded at C$1.65. Approximately 7,991 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 30,163 shares. The stock had previously closed at C$1.66.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ALYA. National Bankshares reduced their target price on shares of Alithya Group from C$2.50 to C$2.00 in a research report on Friday, November 15th. Ventum Financial reduced their price objective on Alithya Group from C$2.70 to C$2.50 in a report on Friday, November 15th.

Alithya Group Trading Down 0.6 %

The stock’s fifty day simple moving average is C$1.72 and its 200-day simple moving average is C$1.84. The company has a debt-to-equity ratio of 68.30, a current ratio of 1.30 and a quick ratio of 1.32. The firm has a market cap of C$146.26 million, a PE ratio of -13.75, a PEG ratio of 2.38 and a beta of 0.42.

Alithya Group Company Profile

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.