Free Trial

Gateley (LON:GTLY) Stock Price Passes Below 50 Day Moving Average - Here's Why

Gateley logo with Industrials background

Gateley (Holdings) Plc (LON:GTLY - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 130.27 ($1.77) and traded as low as GBX 121 ($1.64). Gateley shares last traded at GBX 122.50 ($1.66), with a volume of 40,208 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital restated a "hold" rating on shares of Gateley in a research report on Tuesday, July 15th.

View Our Latest Analysis on GTLY

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 firm has a 50 day moving average price of GBX 130.10 and a two-hundred day moving average price of GBX 132.67. The company has a market capitalization of £162.89 million, a P/E ratio of 15.76 and a beta of 1.00.

Gateley (LON:GTLY - Get Free Report) last announced 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%. On average, research analysts expect that Gateley will post 15.5253837 earnings per share for the current fiscal year.

About Gateley

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Gateley Right Now?

Before you consider Gateley, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gateley wasn't on the list.

While Gateley currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines