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

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

Gateley Stock Performance

Shares of GTLY stock opened at GBX 132.50 ($1.73) on Friday. Gateley has a 52-week low of GBX 109.80 ($1.44) and a 52-week high of GBX 166 ($2.17). The company has a quick ratio of 2.30, a current ratio of 2.36 and a debt-to-equity ratio of 51.58. The stock’s 50-day moving average price is GBX 136.92 and its 200 day moving average price is GBX 131.82. The stock has a market capitalization of £173.01 million, a PE ratio of 1,675.00 and a beta of 1.00.

Gateley Increases Dividend

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

Wall Street Analysts Forecast Growth

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

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.