Gateley (LON:GTLY) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Gateley (Holdings) Plc (LON:GTLY)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 100.83 and traded as low as GBX 93.10. Gateley shares last traded at GBX 93.50, with a volume of 183,874 shares traded.

Gateley Stock Up 0.5%

The company has a market capitalization of £126.96 million, a PE ratio of 28.47 and a beta of 1.00. The company has a debt-to-equity ratio of 51.58, a quick ratio of 2.30 and a current ratio of 2.36. The company’s 50-day moving average is GBX 100.83 and its 200 day moving average is GBX 114.21.

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

Insider Buying and Selling

In other Gateley news, insider Martin Pike bought 30,000 shares of Gateley stock in a transaction on Thursday, January 22nd. The stock was acquired at an average price of GBX 97 per share, with a total value of £29,100. Corporate insiders own 4.70% of the company’s stock.

About Gateley

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.