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

Learning Technologies Group plc (LON:LTG)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 98.70 ($1.20) and last traded at GBX 98.50 ($1.20), with a volume of 212737 shares. The stock had previously closed at GBX 98.20 ($1.20).

Wall Street Analyst Weigh In

Several brokerages recently issued reports on LTG. Berenberg Bank reaffirmed a “hold” rating and set a GBX 80 ($0.98) target price on shares of Learning Technologies Group in a research report on Tuesday, September 17th. Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 100 ($1.22) target price on shares of Learning Technologies Group in a research note on Wednesday, September 18th.

Learning Technologies Group Price Performance

The stock has a market cap of £779.32 million, a PE ratio of 2,460.00, a P/E/G ratio of 0.31 and a beta of 1.24. 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 business has a 50 day moving average price of GBX 94.91 and a two-hundred day moving average price of GBX 84.99.

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.