GAMCO Investors (NYSE:GAMI) Sets New 52-Week High – Still a Buy?

GAMCO Investors, Inc. (NYSE:GAMIGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $27.06 and last traded at $27.06, with a volume of 2169 shares. The stock had previously closed at $26.75.

GAMCO Investors Price Performance

The firm has a market capitalization of $603.01 million, a P/E ratio of 10.61 and a beta of 0.58. The stock’s 50-day simple moving average is $25.30 and its two-hundred day simple moving average is $24.24.

GAMCO Investors Company Profile

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GAMCO Investors, Inc is an investment management company that provides portfolio management and related financial services to institutions, financial intermediaries, private wealth clients and individual investors. The company is known for its value-oriented investment approach and research-driven management of equity, fixed-income and alternative investment strategies.

Through its GAMCO and Gabelli brands, the company offers mutual funds, closed-end funds, separately managed accounts, institutional investment mandates and wealth management services.

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