Alithya Group (TSE:ALYA) Trading 4.7% Higher – Here’s What Happened

Alithya Group Inc. (TSE:ALYA)’s stock price was up 4.7% during mid-day trading on Monday . The company traded as high as C$1.79 and last traded at C$1.79. Approximately 37,251 shares traded hands during trading, an increase of 31% from the average daily volume of 28,468 shares. The stock had previously closed at C$1.71.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ALYA. Barrington Research decreased their price objective on Alithya Group from C$3.50 to C$2.50 in a report on Thursday, April 24th. Scotiabank reduced their price target on shares of Alithya Group from C$2.80 to C$2.50 and set a “sector perform” rating for the company in a research report on Tuesday, April 29th.

Alithya Group Price Performance

The company has a market cap of C$162.05 million, a price-to-earnings ratio of -51.63, a PEG ratio of 2.38 and a beta of 0.42. The company’s 50 day moving average price is C$1.72 and its 200 day moving average price is C$1.75. The company has a current ratio of 1.39, a quick ratio of 1.32 and a debt-to-equity ratio of 68.27.

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.