Ventum Financial Issues Positive Forecast for Alithya Group (TSE:ALYA) Stock Price

Alithya Group (TSE:ALYA) had its price objective increased by Ventum Financial from C$2.85 to C$3.00 in a research note released on Tuesday,BayStreet.CA reports. They currently have a buy rating on the stock.

Alithya Group Price Performance

Shares of TSE ALYA opened at C$1.67 on Tuesday. The stock has a market capitalization of C$166.48 million, a PE ratio of -6.19, a P/E/G ratio of 2.38 and a beta of 0.06. The company has a debt-to-equity ratio of 68.27, a current ratio of 1.39 and a quick ratio of 1.32. The business has a fifty day moving average price of C$1.70 and a two-hundred day moving average price of C$1.86. Alithya Group has a fifty-two week low of C$1.40 and a fifty-two week high of C$2.62.

Alithya Group (TSE:ALYA) last released its earnings results on Friday, November 14th. The company reported C$0.10 earnings per share (EPS) for the quarter. Alithya Group had a negative return on equity of 1.88% and a negative net margin of 0.69%.The company had revenue of C$124.29 million for the quarter. As a group, equities analysts predict that Alithya Group will post 0.0400733 earnings per share for the current fiscal year.

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. Geographically, it derives a majority of revenue from Canada.