Shore Capital Reaffirms "Hold" Rating for Gateley (LON:GTLY)

Shore Capital reaffirmed their hold rating on shares of Gateley (LON:GTLY - Free Report) in a report published on Tuesday morning, Marketbeat.com reports.

Gateley Stock Down 2.4%

Shares of LON:GTLY traded down GBX 3 ($0.04) during trading on Tuesday, hitting GBX 124 ($1.66). The company's stock had a trading volume of 252,347 shares, compared to its average volume of 113,111. 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 has a fifty-two week low of GBX 114 ($1.53) and a fifty-two week high of GBX 143.50 ($1.93). The stock's 50-day moving average price is GBX 130.77 and its two-hundred day moving average price is GBX 133.09. The company has a market capitalization of £165.56 million, a PE ratio of 16.02 and a beta of 1.00.

Gateley (LON:GTLY - Get Free Report) last announced its quarterly earnings data on Tuesday, July 15th. The company reported GBX 13.34 ($0.18) earnings per share for the quarter. Gateley had a return on equity of 12.31% and a net margin of 5.84%. As a group, sell-side analysts expect that Gateley will post 15.5253837 EPS for the current year.

Gateley Company Profile

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.