Learning Technologies Group’s (LTG) Speculative Buy Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reissued their speculative buy rating on shares of Learning Technologies Group (LON:LTG) in a research note published on Wednesday, Marketbeat reports. They currently have a GBX 100 ($1.32) target price on the stock.

Learning Technologies Group Stock Up 2.5 %

LTG opened at GBX 73.40 ($0.97) on Wednesday. Learning Technologies Group has a twelve month low of GBX 58.62 ($0.77) and a twelve month high of GBX 90.13 ($1.19). The stock has a market capitalization of £581.32 million, a price-to-earnings ratio of 1,790.00, a PEG ratio of 0.31 and a beta of 1.24. The company has a quick ratio of 1.11, a current ratio of 1.28 and a debt-to-equity ratio of 38.01. The firm has a 50 day moving average price of GBX 72.54 and a 200-day moving average price of GBX 78.81.

Learning Technologies Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, October 28th. Shareholders of record on Thursday, October 3rd will be issued a dividend of GBX 0.45 ($0.01) per share. The ex-dividend date is Thursday, October 3rd. This represents a yield of 0.64%. Learning Technologies Group’s dividend payout ratio is currently 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.