Ventum Financial Has Lowered Expectations for Alithya Group (TSE:ALYA) Stock Price

Alithya Group (TSE:ALYA) had its price target cut by analysts at Ventum Financial from C$2.70 to C$2.50 in a report issued on Friday,BayStreet.CA reports. Ventum Financial’s price objective would suggest a potential upside of 48.81% from the company’s previous close.

Alithya Group Price Performance

ALYA opened at C$1.68 on Friday. The firm has a market capitalization of C$148.92 million, a P/E ratio of -14.00, a PEG ratio of 2.38 and a beta of 0.42. The stock has a fifty day moving average of C$1.76 and a 200-day moving average of C$1.93. The company has a quick ratio of 1.32, a current ratio of 1.30 and a debt-to-equity ratio of 68.30. 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.