Shares of GAMCO Investors, Inc. (NYSE:GAMI – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 206,800 shares were traded during mid-day trading, an increase of 2,894% from the previous session’s volume of 6,907 shares.The stock last traded at $24.02 and had previously closed at $24.7734.
GAMCO Investors Stock Up 0.2%
The company has a 50-day moving average price of $24.62 and a 200-day moving average price of $24.31. The firm has a market capitalization of $547.86 million, a price-to-earnings ratio of 9.30 and a beta of 0.74.
About GAMCO Investors
GAMCO Investors, Inc is a publicly traded investment advisory firm founded in 1976 by Mario J. Gabelli. Headquartered in Rye Brook, New York, the company offers portfolio management and advisory services to a range of clients, including institutions, high-net-worth individuals and retail investors. GAMCO operates as both an investment manager and sub-advisor, overseeing equity, fixed-income and alternative strategies across global and domestic markets.
The firm’s product lineup includes separately managed accounts, closed-end funds, mutual funds and exchange-traded products.
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