Learning Technologies Group (LTG) Sets New 12-Month High at $67.75

Learning Technologies Group PLC (LON:LTG) reached a new 52-week high on Wednesday . The company traded as high as GBX 67.75 ($0.91) and last traded at GBX 64.75 ($0.87), with a volume of 0 shares traded. The stock had previously closed at GBX 64.75 ($0.87).

A number of equities research analysts recently weighed in on the stock. Berenberg Bank upped their target price on shares of Learning Technologies Group from GBX 65 ($0.87) to GBX 75 ($1.00) and gave the stock a “buy” rating in a report on Tuesday, October 10th. Numis Securities upped their target price on shares of Learning Technologies Group from GBX 60 ($0.80) to GBX 63 ($0.84) and gave the stock a “buy” rating in a report on Tuesday, September 19th.

The company has a market capitalization of $380.11 and a price-to-earnings ratio of -6,650.00.

In other news, insider Harry D. Hill acquired 15,000 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were purchased at an average price of GBX 56 ($0.75) per share, for a total transaction of £8,400 ($11,231.45). Also, insider Harry D. Hill acquired 10,000 shares of the firm’s stock in a transaction on Monday, November 13th. The stock was purchased at an average price of GBX 58 ($0.78) per share, for a total transaction of £5,800 ($7,755.05).

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About Learning Technologies Group

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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