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Gateley (LON:GTLY) Stock Passes Below 50-Day Moving Average - Here's Why

Gateley logo with Industrials background

Gateley (Holdings) Plc (LON:GTLY - Get Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 135.57 ($1.80) and traded as low as GBX 125.95 ($1.67). Gateley shares last traded at GBX 127 ($1.69), with a volume of 134,315 shares.

Gateley Trading Up 0.8 %

The business has a 50-day moving average of GBX 135.15 and a 200-day moving average of GBX 134.04. The stock has a market capitalization of £172.24 million, a price-to-earnings ratio of 16.66 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.

Gateley (LON:GTLY - Get Free Report) last posted its quarterly earnings data on Wednesday, January 15th. The company reported GBX 6.64 ($0.09) EPS for the quarter. Gateley had a net margin of 5.84% and a return on equity of 12.31%. As a group, research analysts forecast that Gateley will post 15.5253837 EPS for the current year.

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.

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