Victoria Garrad Sells 9,000 Shares of Gateley (Holdings) Plc (LON:GTLY) Stock

Gateley (Holdings) Plc (LON:GTLY) insider Victoria Garrad sold 9,000 shares of the firm’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of GBX 138 ($1.81), for a total value of £12,420 ($16,254.42).

Gateley Trading Down 1.8 %

Gateley stock opened at GBX 137.50 ($1.80) on Thursday. The stock has a market cap of £179.53 million, a PE ratio of 1,718.75 and a beta of 1.00. The stock has a 50-day moving average price of GBX 136.94 and a 200 day moving average price of GBX 131.80. Gateley has a 52 week low of GBX 109.80 ($1.44) and a 52 week high of GBX 166 ($2.17). 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 Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 10th will be given a dividend of GBX 6.20 ($0.08) per share. This represents a yield of 4.53%. The ex-dividend date of this dividend is Thursday, October 10th. This is a boost from Gateley’s previous dividend of $3.30. Gateley’s dividend payout ratio (DPR) is currently 12,500.00%.

Analysts Set New Price Targets

Separately, Shore Capital restated a “hold” rating on shares of Gateley in a research report on Tuesday, July 16th.

Gateley Company Profile

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.