Learning Technologies Group (LON:LTG) Stock Price Crosses Above 200-Day Moving Average - Here's Why

Learning Technologies Group plc (LON:LTG - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 82.94 ($1.04) and traded as high as GBX 98.40 ($1.24). Learning Technologies Group shares last traded at GBX 98.10 ($1.23), with a volume of 1,518,427 shares trading hands.

Analyst Upgrades and Downgrades

A number of research firms have commented on LTG. Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 100 ($1.26) price target on shares of Learning Technologies Group in a report on Wednesday, September 18th. Berenberg Bank reissued a "hold" rating and set a GBX 80 ($1.01) price objective on shares of Learning Technologies Group in a research report on Tuesday, September 17th.

Learning Technologies Group Stock Performance

The company has a market capitalization of £776.94 million, a P/E ratio of 2,452.50, a PEG ratio of 0.31 and a beta of 1.24. The business has a fifty day moving average of GBX 92.69 and a 200-day moving average of GBX 83.03. The company has a debt-to-equity ratio of 32.65, a quick ratio of 1.11 and a current ratio of 1.51.

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.