Gateley (Holdings) Plc (LON:GTLY - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 129.20 ($1.72) and traded as low as GBX 122.26 ($1.62). Gateley shares last traded at GBX 126 ($1.67), with a volume of 10,464 shares.
Analysts Set New Price Targets
Separately, Shore Capital reiterated a "hold" rating on shares of Gateley in a report on Tuesday, July 15th.
Read Our Latest Analysis on Gateley
Gateley Stock Performance
The company has a debt-to-equity ratio of 51.58, a quick ratio of 2.30 and a current ratio of 2.36. The stock has a fifty day simple moving average of GBX 128.76 and a two-hundred day simple moving average of GBX 132.07. The stock has a market capitalization of £164.90 million, a price-to-earnings ratio of 15.95 and a beta of 1.00.
Gateley (LON:GTLY - Get Free Report) last issued its earnings results on Tuesday, July 15th. The company reported GBX 13.34 ($0.18) EPS for the quarter. Gateley had a return on equity of 12.31% and a net margin of 5.84%. Analysts forecast that Gateley will post 15.5253837 earnings per share for the current fiscal year.
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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