GAMCO Investors, Inc. (NYSE:GAMI – Get Free Report) shares rose 3.1% on Friday . The stock traded as high as $24.99 and last traded at $24.99. Approximately 1,602 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 6,828 shares. The stock had previously closed at $24.25.
GAMCO Investors Price Performance
The stock has a market cap of $538.18 million, a price-to-earnings ratio of 9.47 and a beta of 0.59. The firm’s fifty day moving average price is $23.76 and its two-hundred day moving average price is $24.05.
GAMCO Investors Company Profile
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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