Learning Technologies Group (LTG) Sets New 1-Year High at $69.00

Shares of Learning Technologies Group PLC (LON:LTG) reached a new 52-week high on Thursday . The stock traded as high as GBX 69 ($0.94) and last traded at GBX 68 ($0.92), with a volume of 124608 shares trading hands. The stock had previously closed at GBX 65.60 ($0.89).

Several analysts have recently weighed in on the stock. Numis Securities reissued a “buy” rating and issued a GBX 60 ($0.81) price target on shares of Learning Technologies Group in a research note on Wednesday, September 13th. Berenberg Bank increased their price target on shares of Learning Technologies Group from GBX 65 ($0.88) to GBX 75 ($1.02) and gave the company a “buy” rating in a research note on Tuesday, October 10th.

The stock has a market cap of $388.84 and a P/E ratio of -6,800.00.

In other Learning Technologies Group news, insider Harry D. Hill purchased 10,000 shares of the firm’s stock in a transaction on Monday, November 13th. The stock was bought at an average price of GBX 58 ($0.79) per share, with a total value of £5,800 ($7,865.47). Also, insider Harry D. Hill purchased 15,000 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was acquired at an average cost of GBX 56 ($0.76) per share, with a total value of £8,400 ($11,391.38).

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Learning Technologies Group Company Profile

Learning Technologies Group plc (LTG) is a United Kingdom-based holding company. The Company is engaged in the provision of e-learning services. The Company is engaged in the production of interactive multimedia programs. The Company’s portfolio includes LEO, a learning technologies firm, the multi-device authoring tool gomo learning, games with purpose company Preloaded and Eukleia, and an e-learning provider to the financial services sector.

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