Gateley (LON:GTLY) Stock Passes Below Fifty Day Moving Average – Should You Sell?

Gateley (Holdings) Plc (LON:GTLY) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 107.67 and traded as low as GBX 98. Gateley shares last traded at GBX 102.50, with a volume of 259,675 shares trading hands.

Gateley Stock Down 1.0%

The stock has a 50-day moving average price of GBX 107.67 and a 200-day moving average price of GBX 118.73. The company has a debt-to-equity ratio of 51.58, a current ratio of 2.36 and a quick ratio of 2.30. The company has a market capitalization of £136.48 million, a P/E ratio of 30.61 and a beta of 1.00.

Gateley (LON:GTLY) last released its earnings results on Tuesday, December 9th. The company reported GBX 5.67 earnings per share for the quarter. Gateley had a net margin of 5.84% and a return on equity of 12.31%. On average, research analysts predict that Gateley will post 15.5253837 EPS for the current fiscal year.

Insider Buying and Selling at Gateley

In related news, insider Neil Andrew Smith sold 100,000 shares of Gateley stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of GBX 116, for a total transaction of £116,000. 4.68% of the stock is currently owned by company insiders.

Gateley Company Profile

Gateley is an entrepreneurial professional services group at the heart of which is Gateley Legal, an English law firm established in 1808. In 2015 we became the first commercial law firm in the world to be publicly listed on the London Stock Exchange. We are a top 50 UK ranking law firm with 25 offices in the UK, Dubai and Hong Kong.
With 1,500 employees and over 1,000 professional advisers, we have recruited market leaders who can provide our clients with the expertise that they need in a considered, commercial and pragmatic manner.