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Gateley (LON:GTLY) Shares Pass Above Fifty Day Moving Average - Here's What Happened

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Gateley (Holdings) Plc (LON:GTLY - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 135.78 ($1.75) and traded as high as GBX 136.86 ($1.76). Gateley shares last traded at GBX 136.77 ($1.76), with a volume of 138,048 shares.

Gateley Price Performance

The stock has a fifty day simple moving average of GBX 135.59 and a two-hundred day simple moving average of GBX 134.88. The firm has a market cap of £182.92 million, a PE ratio of 17.70 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.

Gateley (LON:GTLY - Get Free Report) last issued 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, sell-side analysts expect that Gateley will post 15.5253837 EPS for the current fiscal year.

Gateley Cuts Dividend

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

Gateley Company Profile

(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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