Insider Selling: Alithya Group Inc. (TSE:ALYA) Senior Officer Sells C$1,148,100.00 in Stock

Alithya Group Inc. (TSE:ALYA) Senior Officer Michail Feldman sold 478,375 shares of the company’s stock in a transaction that occurred 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.

Alithya Group Price Performance

Shares of TSE:ALYA opened at C$2.46 on Thursday. The company has a market capitalization of C$222.70 million, a P/E ratio of -70.95, a P/E/G ratio of 2.38 and a beta of 0.42. Alithya Group Inc. has a 1-year low of C$1.40 and a 1-year high of C$2.62. The firm’s 50 day simple moving average is C$1.90 and its two-hundred day simple moving average is C$1.80. The company has a debt-to-equity ratio of 68.27, a current ratio of 1.39 and a quick ratio of 1.32.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on ALYA shares. Barrington Research cut their price objective on shares of Alithya Group from C$3.50 to C$2.50 in a research report on Thursday, April 24th. Scotiabank lowered their target price on Alithya Group from C$2.80 to C$2.50 and set a “sector perform” rating on the stock in a research report on Tuesday, April 29th. Finally, Cormark upped their price target on Alithya Group from C$3.00 to C$3.50 in a research report on Friday, June 13th.

Alithya Group Company Profile

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.