Learning Technologies Group (LON:LTG) Reaches New 12-Month High - Here's What Happened

Learning Technologies Group plc (LON:LTG - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 98.50 ($1.25) 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 Ratings Changes

A number of equities analysts recently commented on LTG shares. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 80 ($1.02) price objective on shares of Learning Technologies Group in a research note on Tuesday, September 17th. Canaccord Genuity Group reiterated a "speculative buy" rating and set a GBX 100 ($1.27) price target on shares of Learning Technologies Group in a report on Wednesday, September 18th.

Learning Technologies Group Price Performance

The company has a current ratio of 1.51, a quick ratio of 1.11 and a debt-to-equity ratio of 32.65. The company has a market capitalization of £777.33 million, a PE ratio of 2,450.30, a P/E/G ratio of 0.31 and a beta of 1.24. The stock's fifty day moving average is GBX 91.19 and its two-hundred day moving average is GBX 82.11.

Learning Technologies Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, October 28th. Investors of record on Thursday, October 3rd were paid a GBX 0.45 ($0.01) dividend. The ex-dividend date was Thursday, October 3rd. This represents a yield of 0.64%. 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.