Gateley (LON:GTLY) Trading Down 0.4% – Here’s What Happened

Gateley (Holdings) Plc (LON:GTLY) dropped 0.4% on Friday . The stock traded as low as GBX 135 ($1.70) and last traded at GBX 138 ($1.74). Approximately 59,534 shares were traded during trading, a decline of 71% from the average daily volume of 204,509 shares. The stock had previously closed at GBX 138.50 ($1.75).

Gateley Stock Down 0.4 %

The firm’s fifty day moving average price is GBX 131.03 and its two-hundred day moving average price is GBX 134.78. The stock has a market cap of £180.19 million, a price-to-earnings ratio of 1,725.00 and a beta of 1.00. The company has a debt-to-equity ratio of 51.58, a current ratio of 2.36 and a quick ratio of 2.30.

Insider Buying and Selling

In other Gateley news, insider Edward Knapp bought 11,586 shares of the stock in a transaction that occurred on Wednesday, October 30th. The shares were bought at an average price of GBX 125 ($1.58) per share, for a total transaction of £14,482.50 ($18,279.06). Also, insider Victoria Garrad sold 9,000 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of GBX 138 ($1.74), for a total transaction of £12,420 ($15,675.88). 48.81% of the stock is currently owned by company insiders.

About Gateley

Gateley (Holdings) Plc, together with its subsidiaries, provides commercial legal and consultancy services in the United Kingdom, Europe, the Middle East, North and South America, Asia, and internationally. It operates through four segments: Corporate, Business Services, People, and Property. The company offers a range of services, such as legal, banking, corporate, restructuring advisory, taxation, commercial, commercial dispute resolution, complex international litigation, reputation, media, and privacy law services.