Alithya Group (TSE:ALYA) Trading 4.7% Higher - Here's What Happened

Alithya Group Inc. (TSE:ALYA - Get Free Report)'s stock price rose 4.7% on Monday . The stock traded as high as C$1.79 and last traded at C$1.79. Approximately 37,251 shares changed 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 analysts have recently commented on ALYA shares. Barrington Research reduced their target price on Alithya Group from C$3.50 to C$2.50 in a research note on Thursday, April 24th. Scotiabank cut their target price on 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 Trading Down 0.5%

The company has a current ratio of 1.39, a quick ratio of 1.32 and a debt-to-equity ratio of 68.27. The firm has a market capitalization of C$166.58 million, a P/E ratio of -53.07, a P/E/G ratio of 2.38 and a beta of 0.42. The firm has a 50-day moving average of C$1.72 and a two-hundred day moving average of C$1.75.

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.