Alithya Group (TSE:ALYA) Trading 1.9% Higher

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

Wall Street Analysts Forecast Growth

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

Alithya Group Trading Down 0.9 %

The company has a market cap of C$187.11 million, a price-to-earnings ratio of -5.17, a P/E/G ratio of 2.38 and a beta of 0.53. The company has a current ratio of 1.16, a quick ratio of 1.32 and a debt-to-equity ratio of 78.64. The firm’s 50-day moving average price is C$2.02 and its 200 day moving average price is C$1.86.

Alithya Group Company Profile

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.