Alithya Group (TSE:ALYA) Shares Up 1.9%

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Cormark increased their price objective on Alithya Group from C$2.75 to C$3.50 in a research note on Tuesday, February 20th. Echelon Wealth Partners set a C$2.70 price objective on Alithya Group and gave the stock 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’s stock. Based on data from MarketBeat, Alithya Group has a consensus rating of “Moderate Buy” and an average target price of C$3.03.

Alithya Group Stock Up 1.9 %

The company has a quick ratio of 1.32, a current ratio of 1.16 and a debt-to-equity ratio of 78.64. The company has a market capitalization of C$188.88 million, a PE ratio of -5.22, a P/E/G ratio of 2.38 and a beta of 0.53. The stock has a 50-day moving average of C$2.02 and a 200 day moving average of C$1.86.

About Alithya Group

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.