Learning Technologies Group (LON:LTG) Shares Cross Above 50 Day Moving Average - Time to Sell?

Learning Technologies Group plc (LON:LTG - Get Free Report)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 82.45 ($1.07) and traded as high as GBX 90.30 ($1.18). Learning Technologies Group shares last traded at GBX 89.10 ($1.16), with a volume of 685,925 shares.

Analyst Ratings Changes

Several research firms have recently commented on LTG. Berenberg Bank reissued a "hold" rating and issued a GBX 80 ($1.04) price objective on shares of Learning Technologies Group in a report on Tuesday, September 17th. Canaccord Genuity Group reissued a "speculative buy" rating and issued a GBX 100 ($1.30) price objective on shares of Learning Technologies Group in a research 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 £712.00 million, a P/E ratio of 2,225.00, a P/E/G ratio of 0.31 and a beta of 1.24. The company has a 50 day moving average price of GBX 82.83 and a 200 day moving average price of GBX 80.01.

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.