Gateley (Holdings) Plc (LON:GTLY) Insider Sells £12,420 in Stock

Gateley (Holdings) Plc (LON:GTLY - Get Free Report) insider Victoria Garrad sold 9,000 shares of the company's stock in a transaction on Monday, October 7th. The stock was sold at an average price of GBX 138 ($1.81), for a total transaction of £12,420 ($16,254.42).

Gateley Price Performance

Shares of Gateley stock opened at GBX 140 ($1.83) on Wednesday. The company has a current ratio of 2.36, a quick ratio of 2.30 and a debt-to-equity ratio of 51.58. Gateley has a 12 month low of GBX 109.80 ($1.44) and a 12 month high of GBX 166 ($2.17). The stock has a 50 day moving average of GBX 136.81 and a 200 day moving average of GBX 131.76. The firm has a market cap of £182.80 million, a PE ratio of 1,750.00 and a beta of 1.00.

Gateley Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 10th will be issued a GBX 6.20 ($0.08) dividend. The ex-dividend date is Thursday, October 10th. This is a positive change from Gateley's previous dividend of $3.30. This represents a dividend yield of 4.53%. Gateley's dividend payout ratio (DPR) is 12,500.00%.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a "hold" rating on shares of Gateley in a report on Tuesday, July 16th.

Check Out Our Latest Research Report on Gateley

About Gateley

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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.

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