Learning Technologies Group (LON:LTG) Stock Passes Above Fifty Day Moving Average - Time to Sell?

Learning Technologies Group plc (LON:LTG - Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 85.35 ($1.10) and traded as high as GBX 90.70 ($1.17). Learning Technologies Group shares last traded at GBX 90.60 ($1.17), with a volume of 910,590 shares changing hands.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Berenberg Bank reaffirmed a "hold" rating and set a GBX 80 ($1.03) price objective on shares of Learning Technologies Group in a research note on Tuesday, September 17th. Canaccord Genuity Group reaffirmed a "speculative buy" rating and set a GBX 100 ($1.29) price target on shares of Learning Technologies Group in a research report on Wednesday, September 18th.

Learning Technologies Group Trading Up 2.1 %

The stock's 50 day moving average is GBX 85.85 and its 200-day moving average is GBX 80.64. The company has a market cap of £732.59 million, a P/E ratio of 2,312.50, a PEG ratio of 0.31 and a beta of 1.24. The company has a current ratio of 1.51, a quick ratio of 1.11 and a debt-to-equity ratio of 32.65.

Learning Technologies Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 28th. Investors of record on Thursday, October 3rd were given a dividend of GBX 0.45 ($0.01) per share. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a dividend yield of 0.64%. Learning Technologies Group's dividend payout ratio (DPR) is presently 5,000.00%.

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.