Edward Knapp Buys 3,520 Shares of Gateley (Holdings) Plc (LON:GTLY) Stock

Gateley (Holdings) Plc (LON:GTLY) insider Edward Knapp bought 3,520 shares of the company’s stock in a transaction on Friday, August 30th. The stock was bought at an average cost of GBX 142 ($1.87) per share, with a total value of £4,998.40 ($6,572.52).

Gateley Price Performance

Shares of GTLY opened at GBX 139 ($1.83) on Wednesday. The business’s fifty day moving average price is GBX 134.85 and its two-hundred day moving average price is GBX 129.79. The firm has a market capitalization of £185.59 million, a price-to-earnings ratio of 1,737.50 and a beta of 1.00. Gateley has a 52 week low of GBX 109.80 ($1.44) and a 52 week high of GBX 166 ($2.18). The company has a debt-to-equity ratio of 51.58, a quick ratio of 2.30 and a current ratio of 2.36.

Gateley Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, October 10th will be issued a GBX 6.20 ($0.08) dividend. This is a boost from Gateley’s previous dividend of $3.30. The ex-dividend date is Thursday, October 10th. This represents a yield of 4.53%. Gateley’s dividend payout ratio (DPR) is currently 12,500.00%.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “hold” rating on shares of Gateley in a 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.