Learning Technologies Group (LON:LTG) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Learning Technologies Group plc (LON:LTG)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 93.71 ($1.16) and traded as high as GBX 98 ($1.21). Learning Technologies Group shares last traded at GBX 97.90 ($1.21), with a volume of 1,873,319 shares traded.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 100 ($1.24) target price on shares of Learning Technologies Group in a research report on Wednesday, September 18th. Berenberg Bank reissued a “hold” rating and set a GBX 80 ($0.99) price objective on shares of Learning Technologies Group in a report on Tuesday, September 17th.

Learning Technologies Group Price Performance

The company has a market capitalization of £776.15 million, a PE ratio of 2,450.00, a price-to-earnings-growth ratio of 0.31 and a beta of 1.24. The company has a quick ratio of 1.11, a current ratio of 1.51 and a debt-to-equity ratio of 32.65. The firm’s 50-day moving average is GBX 93.80 and its 200-day moving average is GBX 84.17.

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.