Insider Buying: Learning Technologies Group plc (LON:LTG) Insider Buys 8,354 Shares of Stock

Learning Technologies Group plc (LON:LTG – Get Rating) insider Kath Kearney Croft purchased 8,354 shares of the company’s stock in a transaction on Friday, June 10th. The stock was purchased at an average cost of GBX 120 ($1.50) per share, for a total transaction of £10,024.80 ($12,562.41).
LON:LTG opened at GBX 113.25 ($1.42) on Monday. The stock’s 50-day simple moving average is GBX 137.78 and its 200 day simple moving average is GBX 156.04. The company has a market cap of £891.66 million and a P/E ratio of 59.53. The company has a debt-to-equity ratio of 66.55, a quick ratio of 1.10 and a current ratio of 1.17. Learning Technologies Group plc has a 52-week low of GBX 111.90 ($1.40) and a 52-week high of GBX 238.20 ($2.98).
The firm also recently declared a dividend, which will be paid on Thursday, July 21st. Shareholders of record on Thursday, June 30th will be given a dividend of GBX 0.70 ($0.01) per share. This represents a yield of 0.53%. The ex-dividend date is Thursday, June 30th. This is an increase from Learning Technologies Group’s previous dividend of $0.30. Learning Technologies Group’s payout ratio is 0.42%.
LTG has been the topic of a number of recent research reports. Canaccord Genuity Group lowered their target price on Learning Technologies Group from GBX 180 ($2.26) to GBX 165 ($2.07) and set a “hold” rating on the stock in a research report on Thursday, May 5th. Berenberg Bank lowered their target price on Learning Technologies Group from GBX 250 ($3.13) to GBX 200 ($2.51) and set a “buy” rating on the stock in a research report on Friday, May 20th.
About Learning Technologies Group (Get Rating)
Learning Technologies Group plc, together with its subsidiaries, provides a range of talent and learning solutions, content, services, and digital platforms to corporate and government clients. It operates through Software & Platforms Division, Content & Services Division, and Other segments.
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