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

Learning Technologies Group plc (LON:LTG) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 3rd will be given 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 accessed at this link.

Learning Technologies Group Price Performance

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

Wall Street Analyst Weigh In

A number of brokerages have weighed in on LTG. Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 100 ($1.32) target price on shares of Learning Technologies Group in a research report on Wednesday. Berenberg Bank reissued a “hold” rating and issued a GBX 80 ($1.06) target price on shares of Learning Technologies Group in a research report 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.