Alithya Group (TSE:ALYA) Trading Up 3.6% - Time to Buy?

Alithya Group logo with Computer and Technology background

Alithya Group Inc. (TSE:ALYA - Get Free Report) shares were up 3.6% on Wednesday . The company traded as high as C$1.75 and last traded at C$1.73. Approximately 26,908 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 30,095 shares. The stock had previously closed at C$1.67.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ALYA shares. Ventum Financial decreased their target price on shares of Alithya Group from C$2.70 to C$2.50 in a research note on Friday, November 15th. National Bankshares decreased their target price on shares of Alithya Group from C$2.50 to C$2.00 in a research note on Friday, November 15th.

Read Our Latest Stock Report on ALYA

Alithya Group Trading Up 3.8 %

The stock has a market cap of C$171.10 million, a PE ratio of -54.51, a price-to-earnings-growth ratio of 2.38 and a beta of 0.42. The company has a debt-to-equity ratio of 68.27, a quick ratio of 1.32 and a current ratio of 1.39. The company's 50-day moving average price is C$1.66 and its 200 day moving average price is C$1.73.

About Alithya Group

(Get Free Report)

Alithya Group Inc provides strategy and digital technology services in Canada, the United States, and Europe. The company offers strategic consulting, enterprise transformation, and business enablement services. It also offers advisory services for digital strategy, organization performance, cybersecurity, enterprise architecture, and change management.

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