Alithya Group (TSE:ALYA) Stock Price Expected to Rise, Cormark Analyst Says

Alithya Group (TSE:ALYA - Free Report) had its target price upped by Cormark from C$3.00 to C$3.50 in a report published on Friday,BayStreet.CA reports.

Several other equities research analysts have also recently issued reports on ALYA. Scotiabank lowered their price objective 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. Barrington Research lowered their price objective on shares of Alithya Group from C$3.50 to C$2.50 in a research report on Thursday, April 24th.

Alithya Group Trading Up 5.3%

Alithya Group stock traded up C$0.11 during trading hours on Friday, hitting C$2.19. The company had a trading volume of 90,110 shares, compared to its average volume of 30,696. The firm has a market cap of C$198.26 million, a P/E ratio of -63.17, a P/E/G 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. Alithya Group has a 1 year low of C$1.40 and a 1 year high of C$2.31. The company has a 50-day moving average price of C$1.77 and a two-hundred day moving average price of C$1.76.

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.