Alithya Group (TSE:ALYA) Shares Up 24.7%

Alithya Group Inc. (TSE:ALYAGet Free Report)’s stock price shot up 24.7% on Monday . The stock traded as high as C$1.92 and last traded at C$1.92. 106,458 shares changed hands during trading, an increase of 129% from the average session volume of 46,532 shares. The stock had previously closed at C$1.54.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Cormark raised Alithya Group from a “market perform” rating to a “buy” rating in a report on Thursday, February 1st. Desjardins cut their price objective on Alithya Group from C$3.15 to C$2.70 and set a “buy” rating for the company in a report on Wednesday, November 15th. National Bankshares cut their price objective on Alithya Group from C$2.75 to C$2.00 and set a “sector perform” rating for the company in a report on Wednesday, November 15th. Finally, Echelon Wealth Partners set a C$2.70 price objective on Alithya Group and gave the company a “buy” rating in a report on Monday, February 5th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$2.95.

Get Our Latest Analysis on Alithya Group

Alithya Group Stock Up 24.7 %

The company has a current ratio of 0.69, a quick ratio of 1.32 and a debt-to-equity ratio of 84.83. The stock has a market cap of C$169.67 million, a P/E ratio of -3.50, a PEG ratio of 0.66 and a beta of 0.49. The firm has a 50-day simple moving average of C$1.69 and a two-hundred day simple moving average of C$1.99.

Alithya Group Company Profile

(Get Free Report)

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.

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