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

Gateley (Holdings) Plc (LON:GTLY)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 133.76 ($1.67) and traded as high as GBX 139 ($1.74). Gateley shares last traded at GBX 139 ($1.74), with a volume of 9,799 shares.

Gateley Price Performance

The company has a market cap of £182.80 million, a P/E ratio of 1,750.00 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. The company has a fifty day simple moving average of GBX 133.76 and a 200-day simple moving average of GBX 134.59.

Insider Activity

In other news, insider Victoria Garrad sold 9,000 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of GBX 138 ($1.73), for a total transaction of £12,420 ($15,540.54). Also, insider Edward Knapp acquired 11,586 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The stock was purchased at an average cost of GBX 125 ($1.56) per share, with a total value of £14,482.50 ($18,121.25). 48.81% of the stock is currently owned by company insiders.

Gateley Company Profile

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.