Shares of GAMCO Investors, Inc. (NYSE:GAMI – Get Free Report) were down 1.1% during mid-day trading on Friday . The company traded as low as $24.72 and last traded at $24.72. Approximately 1,020 shares traded hands during trading, a decline of 93% from the average daily volume of 13,861 shares. The stock had previously closed at $25.00.
GAMCO Investors Trading Down 1.1%
The stock has a market cap of $545.84 million, a P/E ratio of 9.36 and a beta of 0.68. The company has a 50-day moving average price of $24.81 and a two-hundred day moving average price of $24.38.
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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