Gateley (LON:GTLY) Share Price Crosses Below 50 Day Moving Average of $132.76

Shares of Gateley Holdings PLC (LON:GTLY) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $132.76 and traded as low as $122.06. Gateley shares last traded at $123.00, with a volume of 143,576 shares trading hands.

A number of equities research analysts have issued reports on the company. FinnCap reiterated a “corporate” rating on shares of Gateley in a research note on Tuesday, May 26th. Shore Capital reiterated an “under review” rating on shares of Gateley in a research note on Tuesday, May 26th.

The company has a quick ratio of 1.66, a current ratio of 1.72 and a debt-to-equity ratio of 95.81. The stock has a market capitalization of $144.07 million and a P/E ratio of 10.29. The business has a 50-day simple moving average of GBX 132.76 and a two-hundred day simple moving average of GBX 159.88.

About Gateley (LON:GTLY)

Gateley (Holdings) Plc provides legal advisory services in the United Kingdom, rest of Europe, the Middle East, North and South America, Asia, and internationally. It operates through five segments: Banking and Financial Services; Corporate; Business Services; Employees, Pensions and Benefits; and Property.

Further Reading: Why Net Income is Important to Investors

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