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Gateley (LON:GTLY) Shares Cross Below Fifty Day Moving Average - Time to Sell?

Gateley logo with Industrials background

Gateley (Holdings) Plc (LON:GTLY - Get Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 136.33 ($1.72) and traded as low as GBX 135.55 ($1.71). Gateley shares last traded at GBX 136 ($1.72), with a volume of 22,745 shares trading hands.

Gateley Stock Up 0.2 %

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 firm has a market cap of £182.52 million, a PE ratio of 17.66 and a beta of 1.00. The stock has a fifty day moving average price of GBX 136.12 and a 200-day moving average price of GBX 134.46.

Gateley (LON:GTLY - Get Free Report) last issued its earnings results on Wednesday, January 15th. The company reported GBX 6.64 ($0.08) earnings per share (EPS) for the quarter. Gateley had a return on equity of 12.31% and a net margin of 5.84%. Research analysts expect that Gateley will post 15.5253837 EPS for the current year.

Gateley Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, February 20th will be issued a dividend of GBX 3.30 ($0.04) per share. This represents a dividend yield of 2.55%. The ex-dividend date is Thursday, February 20th. Gateley's payout ratio is currently 129.17%.

About Gateley

(Get Free Report)

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.

Further Reading

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