GAMCO Investors (NYSE:GAMI) Trading 6.9% Higher – Still a Buy?

GAMCO Investors, Inc. (NYSE:GAMIGet Free Report) rose 6.9% during mid-day trading on Friday . The stock traded as high as $27.04 and last traded at $27.04. Approximately 801 shares changed hands during trading, a decline of 88% from the average daily volume of 6,660 shares. The stock had previously closed at $25.2950.

GAMCO Investors Trading Up 3.8%

The stock has a market cap of $572.86 million, a P/E ratio of 10.08 and a beta of 0.57. The business’s fifty day simple moving average is $24.61 and its 200 day simple moving average is $24.09.

About GAMCO Investors

(Get Free Report)

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.

Read More

Receive News & Ratings for GAMCO Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GAMCO Investors and related companies with MarketBeat.com's FREE daily email newsletter.