Learning Technologies Group (LON:LTG) Stock Passes Above 50 Day Moving Average - Here's Why

Learning Technologies Group plc (LON:LTG - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 97.01 ($1.25) and traded as high as GBX 99.70 ($1.29). Learning Technologies Group shares last traded at GBX 99.60 ($1.29), with a volume of 8,213,219 shares traded.

Learning Technologies Group Price Performance

The company has a market cap of £789.72 million, a price-to-earnings ratio of 16.70, a P/E/G ratio of 0.31 and a beta of 1.24. The firm has a 50-day moving average price of GBX 97.07 and a 200 day moving average price of GBX 91.37. The company has a debt-to-equity ratio of 32.65, a current ratio of 1.51 and a quick ratio of 1.11.

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.