Alithya Group Inc. (TSE:ALYA - Get Free Report)'s stock price was down 0.6% on Wednesday . The stock traded as low as C$1.77 and last traded at C$1.79. Approximately 35,825 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 53,644 shares. The stock had previously closed at C$1.80.
Wall Street Analyst Weigh In
Separately, Cormark lifted their price objective on shares of Alithya Group from C$3.00 to C$3.50 in a research note on Friday, June 13th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of C$2.60.
Read Our Latest Research Report on Alithya Group
Alithya Group Stock Down 0.6%
The firm has a market cap of C$162.05 million, a P/E ratio of -51.63, a price-to-earnings-growth ratio of 2.38 and a beta of 0.42. The stock's 50 day simple moving average is C$2.31 and its 200 day simple moving average is C$2.00. The company has a debt-to-equity ratio of 68.27, a quick ratio of 1.32 and a current ratio of 1.39.
Insiders Place Their Bets
In other Alithya Group news, Senior Officer Michail Feldman sold 478,375 shares of the business's stock in a transaction on Friday, June 20th. The shares were sold at an average price of C$2.40, for a total transaction of C$1,148,100.00. Also, Senior Officer Amar Bukkasagaram sold 16,500 shares of Alithya Group stock in a transaction on Wednesday, June 25th. The stock was sold at an average price of C$2.46, for a total transaction of C$40,590.00. Insiders own 24.03% of the company's stock.
About Alithya Group
(
Get Free Report)
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.
Further Reading
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