Learning Technologies Group (LON:LTG) Shares Cross Above Fifty Day Moving Average – Here’s Why

Learning Technologies Group plc (LON:LTG) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 97.01 ($1.26) and traded as high as GBX 99.70 ($1.29). Learning Technologies Group shares last traded at GBX 99.60 ($1.29), with a volume of 8,213,219 shares changing hands.

Learning Technologies Group Price Performance

The business has a 50-day moving average price of GBX 97.01 and a two-hundred day moving average price of GBX 90.95. 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 company has a market capitalization of £789.72 million, a price-to-earnings ratio of 16.70, a price-to-earnings-growth ratio of 0.31 and a beta of 1.24.

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.