Gateley (LON:GTLY) Stock Rating Reaffirmed by FinnCap

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FinnCap restated their corporate rating on shares of Gateley (LON:GTLY) in a research report report published on Thursday, September 19th, ThisIsMoney.Co.Uk reports.

Shares of GTLY remained flat at $GBX 163 ($2.13) during mid-day trading on Thursday. The stock had a trading volume of 55,147 shares, compared to its average volume of 80,989. The firm has a market capitalization of $181.49 million and a PE ratio of 14.05. The company has a 50-day moving average price of GBX 162.22 and a 200 day moving average price of GBX 160.80. The company has a quick ratio of 1.69, a current ratio of 1.80 and a debt-to-equity ratio of 20.01. Gateley has a 1 year low of GBX 118.40 ($1.55) and a 1 year high of GBX 183.20 ($2.39).

The firm also recently declared a dividend, which will be paid on Wednesday, October 16th. Shareholders of record on Thursday, September 19th will be given a dividend of GBX 5.40 ($0.07) per share. The ex-dividend date is Thursday, September 19th. This represents a yield of 3.28%. This is an increase from Gateley’s previous dividend of $2.60. Gateley’s dividend payout ratio is currently 0.69%.

In other news, insider Nigel Terrence Payne bought 14,992 shares of the firm’s stock in a transaction dated Tuesday, July 16th. The shares were acquired at an average price of GBX 167 ($2.18) per share, for a total transaction of £25,036.64 ($32,714.80).

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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