Alithya Group (TSE:ALYA) Stock Price Up 0.6% – Here’s Why

Alithya Group Inc. (TSE:ALYA)’s stock price was up 0.6% during trading on Tuesday . The stock traded as high as C$1.64 and last traded at C$1.64. Approximately 7,200 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 25,361 shares. The stock had previously closed at C$1.63.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ALYA shares. Ventum Financial dropped their price objective on shares of Alithya Group from C$2.70 to C$2.50 in a research note on Friday, November 15th. National Bankshares dropped their target price on Alithya Group from C$2.50 to C$2.00 in a research report on Friday, November 15th.

Alithya Group Stock Performance

The firm’s fifty day simple moving average is C$1.66 and its 200 day simple moving average is C$1.77. The company has a market capitalization of C$145.37 million, a PE ratio of -13.67, a price-to-earnings-growth ratio of 2.38 and a beta of 0.42. The company has a debt-to-equity ratio of 68.30, a current ratio of 1.30 and a quick ratio of 1.32.

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.