May 29, 2020

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Notable News Spotlight: Alithya Group (TSX: ALYA) (NASDAQ: ALYA)

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Alithya Group (TSX: ALYA) (NASDAQ: ALYA) spotted trading -55.33% off 52-week high price. On the other end, the stock has been noted 19.11% away from the low price over the last 52-weeks. The stock changed -2.55% to recent value of $2.68. The stock transacted 6979 shares during most recent day however it has an average volume of 22.97K shares. The company has 25.95M of outstanding shares .

Alithya Group (TSX: ALYA) (NASDAQ: ALYA) (“Alithya”) and Provance are pleased to reported that Alithya has become a Gold Partner in the Provance Partner program and will be representing Provance IT Service Management (ITSM) —an IT Service and IT Asset Management solution that runs natively in Microsoft Dynamics 365—as part of their digital technology service offerings in the UK, United States and Canada.

“We are excited to announce our partnership with Provance, as our customers digitally transform by leveraging the Microsoft Cloud platform and by specifically broadening their use of Microsoft Dynamics 365,” commented Adam Spurr, Alithya’s UK Managing Director. “We needed a strategic ITSM partner to complement our end-to-end Microsoft Dynamics 365 offering.”

Alithya has delivered Microsoft solutions to over 1,200 clients and their Microsoft practice covers a wide array of capabilities, including Dynamics 365, Azure, business analytics, digital solutions, advanced analytics, application development and architecture. Alithya’s global offering positions the company as a leading partner in designing strategies and building innovative and efficient digital solutions for complex business challenges.

“We want to empower our customers to achieve a digital transformation in IT and the business,” said John Scandar, Senior Vice President and Microsoft Business Unit Lead at Alithya. “With Provance ITSM, our customers can benefit from the Microsoft related investments and skills they already have in-place, while also leveraging the Microsoft Intelligent Cloud, digitally transforming to provide better, more cost-effective and more modern service delivery.”

Its earning per share for the next 5-years is expected to reach at 15.00%.

The price moved ahead of -10.38% from the mean of 20 days, -14.09% from mean of 50 days SMA and performed -14.79% from mean of 200 days price. Company’s performance for the week was -12.13%, -15.46% for month and YTD performance remained 14.04%.

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