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Gateley (LON:GTLY) Stock Price Crosses Below 50-Day Moving Average - What's Next?

Gateley logo with Industrials background

Shares of Gateley (Holdings) Plc (LON:GTLY - Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 129.86 ($1.75) and traded as low as GBX 128.43 ($1.73). Gateley shares last traded at GBX 130 ($1.75), with a volume of 646,753 shares traded.

Gateley Price Performance

The business's 50-day simple moving average is GBX 129.90 and its 200 day simple moving average is GBX 133.94. The company has a market capitalization of £171.57 million, a P/E ratio of 16.60 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 Company Profile

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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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