Gateley (LON:GTLY) Stock Crosses Below 200 Day Moving Average – What’s Next?

Gateley (Holdings) Plc (LON:GTLY)’s share price passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 68.36 and traded as low as GBX 68.21. Gateley shares last traded at GBX 68.21, with a volume of 78,123 shares changing hands.

Gateley Stock Down 3.6%

The company has a debt-to-equity ratio of 104.94, a current ratio of 3.40 and a quick ratio of 2.30. The firm’s 50-day moving average price is GBX 67.92 and its 200 day moving average price is GBX 68.36. The firm has a market cap of £92.84 million, a P/E ratio of 30.86 and a beta of 0.33.

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.