Insider Buying: Gateley (LON:GTLY) Insider Purchases £29,000 in Stock

Gateley (Holdings) Plc (LON:GTLY) insider Martin Pike acquired 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 23rd. The stock was bought at an average cost of GBX 58 per share, with a total value of £29,000.

Gateley Stock Up 2.6%

Shares of GTLY stock opened at GBX 59.50 on Friday. Gateley has a fifty-two week low of GBX 50 and a fifty-two week high of GBX 139. The firm has a market capitalization of £80.40 million, a PE ratio of 18.03 and a beta of 0.33. The company has a debt-to-equity ratio of 104.94, a quick ratio of 2.30 and a current ratio of 3.40. The stock’s 50-day simple moving average is GBX 58.50 and its 200-day simple moving average is GBX 73.08.

Gateley (LON:GTLY) last released its earnings results on Tuesday, July 21st. The company reported GBX 11.48 EPS for the quarter. Gateley had a return on equity of 4.61% and a net margin of 1.53%. Equities analysts expect that Gateley will post 15.5253837 earnings per share for the current year.

About Gateley

Gateley is an entrepreneurial professional services group at the heart of which is Gateley Legal, an English law firm established in 1808. In 2015 we became the first commercial law firm in the world to be publicly listed on the London Stock Exchange. We are a top 50 UK ranking law firm with 25 offices in the UK, Dubai and Hong Kong.
With 1,500 employees and over 1,000 professional advisers, we have recruited market leaders who can provide our clients with the expertise that they need in a considered, commercial and pragmatic manner.