Gateley (LON:GTLY) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Gateley (Holdings) Plc (LON:GTLY)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 136 ($1.72) and traded as high as GBX 139 ($1.76). Gateley shares last traded at GBX 136.50 ($1.72), with a volume of 62,153 shares trading hands.

Gateley Stock Down 0.4 %

The company has a market cap of £182.25 million, a price-to-earnings ratio of 17.63 and a beta of 1.00. The business has a fifty day moving average of GBX 136 and a two-hundred day moving average of GBX 134.51. The company has a current ratio of 2.36, a quick ratio of 2.30 and a debt-to-equity ratio of 51.58.

Gateley (LON:GTLY) last posted its quarterly earnings data on Wednesday, January 15th. The company reported GBX 6.64 ($0.08) EPS for the quarter. Gateley had a return on equity of 12.31% and a net margin of 5.84%. As a group, equities analysts anticipate that Gateley will post 15.5253837 EPS for the current fiscal year.

Gateley Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 20th will be given a dividend of GBX 3.30 ($0.04) per share. This represents a yield of 2.55%. The ex-dividend date of this dividend is Thursday, February 20th. Gateley’s dividend payout ratio is presently 129.17%.

About Gateley

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.