Gateley (Holdings) Plc (LON:GTLY - Get Free Report)'s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 125.21 ($1.67) and traded as low as GBX 110.50 ($1.48). Gateley shares last traded at GBX 110.50 ($1.48), with a volume of 432,032 shares.
Wall Street Analyst Weigh In
Separately, Shore Capital reissued a "hold" rating on shares of Gateley in a research report on Tuesday, July 15th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of "Hold".
Check Out Our Latest Research Report on Gateley
Gateley Stock Up 2.2%
The firm has a 50-day moving average of GBX 125.21 and a 200 day moving average of GBX 127.76. The stock has a market capitalization of £151.35 million, a price-to-earnings ratio of 110.75 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.
Insider Activity
In other Gateley news, insider Martin Pike bought 40,000 shares of the business's stock in a transaction on Tuesday, October 7th. The shares were bought at an average cost of GBX 129 per share, with a total value of £51,600. 4.73% of the stock is currently owned by insiders.
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.
Recommended Stories
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.
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
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
