Alithya Group (TSE:ALYA) Stock Price Down 1.2% – Should You Sell?

Alithya Group Inc. (TSE:ALYA) shares traded down 1.2% on Thursday . The stock traded as low as C$1.64 and last traded at C$1.66. 65,798 shares traded hands during trading, an increase of 13% from the average session volume of 58,024 shares. The stock had previously closed at C$1.68.

Analyst Ratings Changes

Separately, Cormark raised their price target on shares of Alithya Group from C$3.00 to C$3.50 in a research report on Friday, June 13th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of C$2.60.

Alithya Group Stock Performance

The company has a current ratio of 1.39, a quick ratio of 1.32 and a debt-to-equity ratio of 68.27. The business’s 50 day moving average is C$2.07 and its two-hundred day moving average is C$1.97. The company has a market cap of C$165.97 million, a PE ratio of 41.50, a PEG ratio of 2.38 and a beta of 0.24.

Insider Buying and Selling

In other Alithya Group news, Senior Officer Amar Bukkasagaram sold 16,500 shares of the business’s stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of C$2.46, for a total value of C$40,590.00. 24.03% of the stock is currently owned by insiders.

Alithya Group Company Profile

Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, the us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors.