National Bankshares Issues Pessimistic Forecast for Alithya Group (TSE:ALYA) Stock Price

Alithya Group (TSE:ALYA) had its target price decreased by National Bankshares from C$2.50 to C$2.00 in a research note issued to investors on Friday morning,BayStreet.CA reports.

Separately, Ventum Financial decreased their price target on shares of Alithya Group from C$2.70 to C$2.50 in a report on Friday.

Alithya Group Price Performance

Shares of Alithya Group stock traded down C$0.08 during midday trading on Friday, hitting C$1.68. 24,980 shares of the company traded hands, compared to its average volume of 29,010. The stock has a market cap of C$148.92 million, a price-to-earnings ratio of -14.00, a PEG ratio of 2.38 and a beta of 0.42. The company has a debt-to-equity ratio of 68.30, a quick ratio of 1.32 and a current ratio of 1.30. The firm’s fifty day moving average price is C$1.76 and its 200-day moving average price is C$1.93. Alithya Group has a 12 month low of C$1.34 and a 12 month high of C$2.40.

About Alithya Group

Alithya Group Inc provides strategy and digital technology services in Canada, the United States, and Europe. The company offers strategic consulting, enterprise transformation, and business enablement services. It also offers advisory services for digital strategy, organization performance, cybersecurity, enterprise architecture, and change management.