Canaccord Genuity Group Reaffirms “Speculative Buy” Rating for Learning Technologies Group (LON:LTG)

Canaccord Genuity Group restated their speculative buy rating on shares of Learning Technologies Group (LON:LTG) in a research report sent to investors on Wednesday, Marketbeat reports. They currently have a GBX 100 ($1.32) price target on the stock.

Learning Technologies Group Stock Down 1.9 %

LTG stock opened at GBX 72.90 ($0.96) on Wednesday. The company has a debt-to-equity ratio of 38.01, a current ratio of 1.28 and a quick ratio of 1.11. Learning Technologies Group has a 12 month low of GBX 58.62 ($0.77) and a 12 month high of GBX 90.13 ($1.19). The firm has a market capitalization of £577.36 million, a PE ratio of 1,822.50, a P/E/G ratio of 0.31 and a beta of 1.24. The company’s 50 day simple moving average is GBX 71.84 and its 200-day simple moving average is GBX 78.59.

Learning Technologies Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, October 28th. Shareholders of record on Thursday, October 3rd will be given a dividend of GBX 0.45 ($0.01) per share. This represents a yield of 0.64%. The ex-dividend date is Thursday, October 3rd. Learning Technologies Group’s payout ratio is 5,000.00%.

Learning Technologies Group Company Profile

Learning Technologies Group plc, together with its subsidiaries, provides talent and learning solutions, content, services, and digital platforms to corporate and government clients. The company operates in two segments, Content & Services and Software & Platforms. Its software and platforms include Gomo, a cloud-based HTML5 e-learning authoring distribution and video platform; Rustici Software, which offers software and expertise to help companies create, distribute, manage, and play e-learning-compliant content; PeopleFluent, an integrated talent management and learning solution; and Affirmity that provides a portfolio of software, consulting services, and blended learning solutions.