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Gateley (LON:GTLY) Shares Cross Below Fifty Day Moving Average - What's Next?

Gateley logo with Industrials background

Gateley (Holdings) Plc (LON:GTLY - Get Free Report)'s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 130.33 ($1.77) and traded as low as GBX 127 ($1.72). Gateley shares last traded at GBX 127.82 ($1.73), with a volume of 124,238 shares.

Gateley Stock Performance

The company has a market capitalization of £170.77 million, a price-to-earnings ratio of 16.52 and a beta of 1.00. The stock has a 50 day simple moving average of GBX 130.23 and a 200 day simple moving average of GBX 134.24. The company has a quick ratio of 2.30, a current ratio of 2.36 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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