Gateley (LON:GTLY) Trading Down 0.4% – Here’s What Happened

Gateley (Holdings) Plc (LON:GTLY)’s share price was down 0.4% during trading on Friday . The company traded as low as GBX 135 ($1.70) and last traded at GBX 138 ($1.74). Approximately 59,534 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 204,509 shares. The stock had previously closed at GBX 138.50 ($1.75).

Gateley Trading Down 0.4 %

The firm has a market cap of £180.19 million, a price-to-earnings ratio of 1,725.00 and a beta of 1.00. The firm’s 50-day moving average is GBX 131.03 and its 200-day moving average is GBX 134.78. The company has a current ratio of 2.36, a quick ratio of 2.30 and a debt-to-equity ratio of 51.58.

Insiders Place Their Bets

In related news, insider Victoria Garrad sold 9,000 shares of the business’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of GBX 138 ($1.74), for a total value of £12,420 ($15,675.88). Also, insider Edward Knapp acquired 11,586 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The shares were bought at an average price of GBX 125 ($1.58) per share, with a total value of £14,482.50 ($18,279.06). Insiders own 48.81% of the company’s stock.

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.