Learning Technologies Group (LON:LTG) Sets New 12-Month High – Time to Buy?

Learning Technologies Group plc (LON:LTG) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 98.50 ($1.26) and last traded at GBX 98 ($1.25), with a volume of 20537592 shares trading hands. The stock had previously closed at GBX 92 ($1.17).

Analyst Upgrades and Downgrades

Several research analysts recently commented on LTG shares. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 80 ($1.02) price target on shares of Learning Technologies Group in a research note on Tuesday, September 17th. Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 100 ($1.28) price target on shares of Learning Technologies Group in a report on Wednesday, September 18th.

Learning Technologies Group Trading Down 0.1 %

The company has a quick ratio of 1.11, a current ratio of 1.51 and a debt-to-equity ratio of 32.65. The stock’s 50 day moving average is GBX 91.64 and its two-hundred day moving average is GBX 82.27. The company has a market capitalization of £778.61 million, a PE ratio of 2,460.00, a price-to-earnings-growth ratio of 0.31 and a beta of 1.24.

Learning Technologies Group Cuts Dividend

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

About Learning Technologies Group

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.