Learning Technologies Group PLC (LON:LTG) declared a dividend on Tuesday, March 19th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, June 6th will be given a dividend of GBX 0.35 ($0.00) per share on Friday, June 28th. This represents a yield of 0.44%. The ex-dividend date of this dividend is Thursday, June 6th. This is an increase from Learning Technologies Group’s previous dividend of $0.15. The official announcement can be viewed at this link.
Shares of LTG traded up GBX 0.10 ($0.00) during mid-day trading on Thursday, hitting GBX 94.50 ($1.23). 3,081,308 shares of the company’s stock were exchanged, compared to its average volume of 826,947. The company has a market capitalization of $631.07 million and a P/E ratio of 157.50. Learning Technologies Group has a fifty-two week low of GBX 58.80 ($0.77) and a fifty-two week high of GBX 166.50 ($2.18). The company has a debt-to-equity ratio of 22.66, a quick ratio of 0.81 and a current ratio of 0.85. The company has a 50-day moving average of GBX 87.08.
A number of research firms recently weighed in on LTG. Berenberg Bank restated a “buy” rating and set a GBX 125 ($1.63) target price on shares of Learning Technologies Group in a research note on Tuesday, June 18th. Peel Hunt restated a “buy” rating on shares of Learning Technologies Group in a research note on Tuesday, June 4th. Goldman Sachs Group reiterated a “buy” rating on shares of Learning Technologies Group in a research note on Monday, June 3rd. Finally, Numis Securities reiterated a “buy” rating on shares of Learning Technologies Group in a research note on Thursday, May 30th.
Learning Technologies Group Company Profile
Learning Technologies Group plc, through its subsidiaries, provides various e-learning services and technologies in the United Kingdom, the United States, the Asia Pacific, Mainland Europe, Canada, and internationally. The company produces interactive multimedia programs. It also engages in mobile e-learning, bespoke e-learning, and educational games businesses, as well as e-learning interoperability, and e-learning software licensing and the provision of related services, as well as operates an employee benefit trust.
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