Learning Technologies Group plc to Issue Dividend of GBX 0.45 (LON:LTG)

Learning Technologies Group plc (LON:LTG) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 3rd will be paid a dividend of GBX 0.45 ($0.01) per share on Monday, October 28th. This represents a dividend yield of 0.64%. The ex-dividend date of this dividend is Thursday, October 3rd. The official announcement can be seen at this link.

Learning Technologies Group Trading Down 0.8 %

Shares of LON:LTG opened at GBX 71.20 ($0.94) on Wednesday. The stock has a 50 day moving average of GBX 72.54 and a 200 day moving average of GBX 78.81. The company has a market cap of £563.90 million, a PE ratio of 1,786.25, a price-to-earnings-growth ratio of 0.31 and a beta of 1.24. The company has a current ratio of 1.28, a quick ratio of 1.11 and a debt-to-equity ratio of 38.01. Learning Technologies Group has a 12-month low of GBX 58.62 ($0.77) and a 12-month high of GBX 90.13 ($1.19).

Analysts Set New Price Targets

LTG has been the subject of several recent analyst reports. Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 100 ($1.32) price target on shares of Learning Technologies Group in a research note on Wednesday. Berenberg Bank restated a “hold” rating and issued a GBX 80 ($1.06) price target on shares of Learning Technologies Group in a research note on Tuesday.

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.