Gateley (LON:GTLY) Given Hold Rating at Shore Capital

Shore Capital reaffirmed their hold rating on shares of Gateley (LON:GTLYGet Rating) in a research report sent to investors on Thursday, Marketbeat.com reports.

Gateley Stock Performance

LON GTLY opened at GBX 174 ($2.06) on Thursday. The company has a current ratio of 2.47, a quick ratio of 2.30 and a debt-to-equity ratio of 47.51. The business’s 50 day moving average is GBX 183.84 and its two-hundred day moving average is GBX 195.76. Gateley has a 12-month low of GBX 165 ($1.95) and a 12-month high of GBX 237 ($2.80). The stock has a market capitalization of £217.75 million and a price-to-earnings ratio of 1,450.00.

Gateley Increases Dividend

The firm also recently announced a dividend, which was paid on Sunday, October 30th. Shareholders of record on Thursday, September 22nd were given a dividend of GBX 5.50 ($0.07) per share. This is a boost from Gateley’s previous dividend of $3.00. The ex-dividend date was Thursday, September 22nd. This represents a yield of 2.9%. Gateley’s payout ratio is presently 87.50%.

About Gateley

(Get Rating)

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 five segments: Banking and Financial Services; Corporate; Business Services; Employees, Pensions and Benefits; and Property.

Further Reading

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