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

Learning Technologies Group plc (LON:LTG) hit a new 52-week high on Wednesday . The stock traded as high as GBX 98.50 ($1.25) and last traded at GBX 98 ($1.24), with a volume of 20537592 shares changing hands. The stock had previously closed at GBX 92 ($1.17).

Analyst Ratings Changes

A number of brokerages have recently issued reports on LTG. Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 100 ($1.27) price objective on shares of Learning Technologies Group in a research note on Wednesday, September 18th. Berenberg Bank restated a “hold” rating and set a GBX 80 ($1.01) price objective on shares of Learning Technologies Group in a research note on Tuesday, September 17th.

Learning Technologies Group Price Performance

The business has a fifty day moving average of GBX 91.19 and a two-hundred day moving average of GBX 82.11. The company has a debt-to-equity ratio of 32.65, a quick ratio of 1.11 and a current ratio of 1.51. The firm has a market capitalization of £776.25 million, a price-to-earnings ratio of 2,300.00, a price-to-earnings-growth ratio of 0.31 and a beta of 1.24.

Learning Technologies Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, October 28th. Shareholders of record on Thursday, October 3rd were issued 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 dividend payout ratio is currently 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.