Learning Technologies Group (LON:LTG) Hits New 1-Year Low at $106.30

Learning Technologies Group plc (LON:LTGGet Rating)’s share price hit a new 52-week low on Tuesday . The stock traded as low as GBX 106.30 ($1.30) and last traded at GBX 108.80 ($1.33), with a volume of 130822 shares traded. The stock had previously closed at GBX 109 ($1.34).

A number of research firms recently weighed in on LTG. Berenberg Bank lowered their target price on shares of Learning Technologies Group from GBX 250 ($3.06) to GBX 200 ($2.45) and set a “buy” rating on the stock in a research note on Friday, May 20th. Canaccord Genuity Group cut their price target on shares of Learning Technologies Group from GBX 180 ($2.20) to GBX 165 ($2.02) and set a “hold” rating on the stock in a report on Thursday, May 5th.

The company has a debt-to-equity ratio of 66.55, a current ratio of 1.17 and a quick ratio of 1.10. The stock’s fifty day simple moving average is GBX 131.42 and its 200-day simple moving average is GBX 153.52. The firm has a market cap of £856.63 million and a PE ratio of 57.37.

The company also recently declared a dividend, which will be paid on Thursday, July 21st. Investors of record on Thursday, June 30th will be given a dividend of GBX 0.70 ($0.01) per share. This represents a yield of 0.53%. The ex-dividend date is Thursday, June 30th. This is a positive change from Learning Technologies Group’s previous dividend of $0.30. Learning Technologies Group’s dividend payout ratio (DPR) is currently 0.42%.

In other Learning Technologies Group news, insider Kath Kearney Croft purchased 8,354 shares of the firm’s stock in a transaction dated Friday, June 10th. The shares were purchased at an average cost of GBX 120 ($1.47) per share, with a total value of £10,024.80 ($12,279.27).

Learning Technologies Group Company Profile (LON:LTG)

Learning Technologies Group plc, together with its subsidiaries, provides a range of talent and learning solutions, content, services, and digital platforms to corporate and government clients. It operates through Software & Platforms Division, Content & Services Division, and Other segments.

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