Learning Technologies Group (LON:LTG) Shares Down 18.4%

Posted by Maddie Sorensen on Jul 24th, 2024

Learning Technologies Group plc (LON:LTG – Get Free Report)’s share price fell 18.4% during mid-day trading on Wednesday . The stock traded as low as GBX 65 ($0.84) and last traded at GBX 66.08 ($0.85). 4,725,807 shares were traded during mid-day trading, an increase of 223% from the average session volume of 1,464,671 shares. The stock had previously closed at GBX 81 ($1.05).

Wall Street Analyst Weigh In

Separately, Citigroup reiterated a “neutral” rating on shares of Learning Technologies Group in a research report on Thursday, May 2nd.

Read Our Latest Stock Analysis on Learning Technologies Group

Learning Technologies Group Stock Performance

The firm’s fifty day simple moving average is GBX 83.89 and its 200 day simple moving average is GBX 81.47. The company has a market capitalization of £549.65 million, a price-to-earnings ratio of 1,790.00, a PEG ratio of 0.31 and a beta of 1.19. The company has a debt-to-equity ratio of 38.01, a current ratio of 1.28 and a quick ratio of 1.11.

Learning Technologies Group Company Profile

(Get Free Report)

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.