Alithya Group Inc (NASDAQ:ALYA) is trading sharply higher in the morning on Tuesday.
Alithya wins contract worth over C$12M with the Quebec government
- announce that it won an information resources project management contract with a Québec government ministry worth C$12.4 million.
- This is one of the largest government contracts Alithya has been awarded in Québec in recent years.
- As part of this five-year contract, Alithya’s professionals will offer leading-edge expertise and support to the client, and provide their teams with the response capability to fully carry out their major responsibilities in managing information resources projects.
Quote from Dave Moreau, Senior Vice President, Public Sector:
“We are pleased to have won this contract. It shows that the wide variety of projects we have managed over the years made us highly adaptable and very knowledgeable about the government sector. As a result, we have developed a customized approach based on best practices and the evolution of project management tools. Regardless of the direction government agencies are taking, Alithya knows how to align the management strategy with the project’s objectives to further tangible initiatives.”
Market Action
As of 11:56, ALYA stock jumped over 15.87% to trade at $2.41. So far more than 405K shares have exchanged hands, compared to its average volume of 959K shares. The stock gapped up at $2.47 and moved within a range of $2.3500 – 2.5200.
 Gets New Contract){kind=link}