Learning Technologies Group plc (LTG) to Issue Dividend of GBX 0.45 on October 28th

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 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 is Thursday, October 3rd. The official announcement can be accessed at this link.

Learning Technologies Group Stock Up 0.5 %

Shares of LON:LTG opened at GBX 95.50 ($1.28) on Tuesday. The firm has a fifty day moving average of GBX 71.32 and a 200 day moving average of GBX 78.51. Learning Technologies Group has a 52-week low of GBX 58.62 ($0.78) and a 52-week high of GBX 98 ($1.31). The company has a debt-to-equity ratio of 32.65, a quick ratio of 1.11 and a current ratio of 1.51. The firm has a market capitalization of £756.35 million, a PE ratio of 2,375.00, a price-to-earnings-growth ratio of 0.31 and a beta of 1.24.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on LTG. Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 100 ($1.34) target price on shares of Learning Technologies Group in a research report on Wednesday, September 18th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 80 ($1.07) price objective on shares of Learning Technologies Group in a research note on Tuesday, September 17th.

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.