Alithya Group (TSE:ALYA) Insider Sells C$3,983,491.20 in Stock

Alithya Group Inc. (TSE:ALYA) insider Amar Bukkasagaram sold 2,489,682 shares of Alithya Group stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of C$1.60, for a total transaction of C$3,983,491.20.

Alithya Group Price Performance

ALYA stock remained flat at C$1.36 on Friday. The company had a trading volume of 26,728 shares, compared to its average volume of 76,659. Alithya Group Inc. has a 1-year low of C$1.29 and a 1-year high of C$2.62. The company has a debt-to-equity ratio of 80.95, a current ratio of 1.34 and a quick ratio of 1.32. The company has a market capitalization of C$135.59 million, a P/E ratio of -5.91, a P/E/G ratio of 2.38 and a beta of -0.62. The business has a 50 day simple moving average of C$1.59 and a two-hundred day simple moving average of C$1.70.

Alithya Group (TSE:ALYA) last announced its earnings results on Friday, February 13th. The company reported C$0.05 earnings per share for the quarter. The firm had revenue of C$115.16 million for the quarter. Alithya Group had a negative return on equity of 13.00% and a negative net margin of 4.51%. As a group, equities analysts expect that Alithya Group Inc. will post 0.0400733 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ALYA has been the topic of several research analyst reports. Ventum Financial raised their price objective on Alithya Group from C$2.85 to C$3.00 and gave the stock a “buy” rating in a research report on Tuesday, January 27th. Scotiabank set a C$40.00 price target on shares of Alithya Group and gave the stock an “outperform” rating in a research report on Tuesday, January 27th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$12.25.

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.