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Gateley (LON:GTLY) Share Price Passes Above 50 Day Moving Average - Here's What Happened

Gateley logo with Industrials background

Gateley (Holdings) Plc (LON:GTLY - Get Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 131.62 ($1.67) and traded as high as GBX 134.97 ($1.71). Gateley shares last traded at GBX 133.50 ($1.69), with a volume of 21,188 shares trading hands.

Gateley Price Performance

The stock has a market cap of £172.61 million, a price-to-earnings ratio of 1,650.00 and a beta of 1.00. The company has a current ratio of 2.36, a quick ratio of 2.30 and a debt-to-equity ratio of 51.58. The stock has a 50-day moving average price of GBX 131.62 and a two-hundred day moving average price of GBX 132.85.

Insider Buying and Selling at Gateley

In related news, insider Victoria Garrad sold 9,000 shares of the business's stock in a transaction dated Monday, October 7th. The shares were sold at an average price of GBX 138 ($1.75), for a total value of £12,420 ($15,715.55). Also, insider Edward Knapp acquired 3,520 shares of the stock in a transaction that occurred on Friday, August 30th. The shares were bought at an average cost of GBX 142 ($1.80) per share, with a total value of £4,998.40 ($6,324.69). 48.81% of the stock is currently owned by corporate insiders.

About Gateley

(Get Free Report)

Gateley (Holdings) Plc, together with its subsidiaries, provides commercial legal and consultancy services in the United Kingdom, Europe, the Middle East, North and South America, Asia, and internationally. It operates through four segments: Corporate, Business Services, People, and Property. The company offers a range of services, such as legal, banking, corporate, restructuring advisory, taxation, commercial, commercial dispute resolution, complex international litigation, reputation, media, and privacy law services.

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