Gateley’s (GTLY) Corporate Rating Reaffirmed at FinnCap

FinnCap restated their corporate rating on shares of Gateley (LON:GTLY) in a report released on Tuesday, ThisIsMoney.Co.Uk reports.

Shares of Gateley stock traded up GBX 3.30 ($0.04) during trading on Tuesday, reaching GBX 124 ($1.63). 143,389 shares of the company were exchanged, compared to its average volume of 80,989. The company has a quick ratio of 1.66, a current ratio of 1.72 and a debt-to-equity ratio of 95.81. Gateley has a twelve month low of GBX 147 ($1.93) and a twelve month high of GBX 222 ($2.92). The business has a 50-day moving average price of GBX 181.26 and a 200-day moving average price of GBX 179.06. The firm has a market capitalization of $142.90 million and a price-to-earnings ratio of 10.42.

The business also recently disclosed a dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, February 20th will be paid a dividend of GBX 2.90 ($0.04) per share. The ex-dividend date is Thursday, February 20th. This represents a dividend yield of 1.44%. Gateley’s dividend payout ratio (DPR) is presently 0.67%.

In related news, insider Peter Gareth Davies sold 176,295 shares of Gateley stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of GBX 200 ($2.63), for a total transaction of £352,590 ($463,812.15).

Gateley Company Profile

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.

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