Alithya Group (TSE:ALYA) Price Target Raised to C$3.00

Alithya Group (TSE:ALYA) had its target price raised by Ventum Financial from C$2.85 to C$3.00 in a research report released on Tuesday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Alithya Group Stock Performance

Shares of ALYA stock opened at C$1.77 on Tuesday. The business has a fifty day moving average of C$1.70 and a 200 day moving average of C$1.86. Alithya Group has a 1 year low of C$1.40 and a 1 year high of C$2.62. The company has a debt-to-equity ratio of 68.27, a current ratio of 1.39 and a quick ratio of 1.32. The firm has a market capitalization of C$176.45 million, a price-to-earnings ratio of -6.56, a price-to-earnings-growth ratio of 2.38 and a beta of 0.06.

Alithya Group (TSE:ALYA) last announced its quarterly earnings data on Friday, November 14th. The company reported C$0.10 earnings per share for the quarter. Alithya Group had a negative return on equity of 1.88% and a negative net margin of 0.69%.The business had revenue of C$124.29 million for the quarter. As a group, research analysts expect that Alithya Group will post 0.0400733 earnings per share for the current year.

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. Geographically, it derives a majority of revenue from Canada.