Learning Technologies Group (LON:LTG) Stock Price Crosses Below 200-Day Moving Average of $80.94

Shares of Learning Technologies Group plc (LON:LTG) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 80.94 ($1.03) and traded as low as GBX 69.20 ($0.88). Learning Technologies Group shares last traded at GBX 69.80 ($0.89), with a volume of 1,031,540 shares changing hands.

Wall Street Analysts Forecast Growth

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

Learning Technologies Group Stock Performance

The company has a market capitalization of £552.02 million, a price-to-earnings ratio of 1,745.00, a price-to-earnings-growth ratio of 0.31 and a beta of 1.19. The firm has a fifty day simple moving average of GBX 78.77 and a 200 day simple moving average of GBX 80.86. The company has a debt-to-equity ratio of 38.01, a current ratio of 1.28 and a quick ratio of 1.11.

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.