Alithya Group (TSE:ALYA) Price Target Raised to C$3.50

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

Several other equities research analysts also recently weighed in on ALYA. Scotiabank cut their price target on Alithya Group from C$2.80 to C$2.50 and set a "sector perform" rating on the stock in a research report on Tuesday, April 29th. Barrington Research cut their price target on Alithya Group from C$3.50 to C$2.50 in a research report on Thursday, April 24th.

Alithya Group Stock Performance

ALYA traded up C$0.20 during midday trading on Friday, hitting C$2.39. 141,726 shares of the company were exchanged, compared to its average volume of 31,662. The company's 50 day simple moving average is C$1.79 and its 200 day simple moving average is C$1.77. The firm has a market capitalization of C$216.37 million, a price-to-earnings ratio of -68.94, a price-to-earnings-growth ratio of 2.38 and a beta of 0.42. 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 has a 1-year low of C$1.40 and a 1-year high of C$2.39.

About Alithya Group

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.