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Gateley (LON:GTLY) Stock Price Crosses Below 50 Day Moving Average - Should You Sell?

Gateley logo with Industrials background

Gateley (Holdings) Plc (LON:GTLY - Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 134.65 ($1.81) and traded as low as GBX 128.36 ($1.72). Gateley shares last traded at GBX 132 ($1.77), with a volume of 25,693 shares trading hands.

Gateley Price Performance

The firm has a market cap of £175.98 million, a P/E ratio of 17.02 and a beta of 1.00. The firm's 50 day moving average is GBX 134.32 and its 200 day moving average is GBX 133.58. The company has a debt-to-equity ratio of 51.58, a current ratio of 2.36 and a quick ratio of 2.30.

About Gateley

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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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