GAMCO Investors (NYSE:GAMI) Shares Up 3.1% – What’s Next?

GAMCO Investors, Inc. (NYSE:GAMIGet Free Report)’s stock price rose 3.1% on Friday . The company traded as high as $24.99 and last traded at $24.99. Approximately 1,602 shares were traded during trading, a decline of 77% from the average daily volume of 6,828 shares. The stock had previously closed at $24.25.

GAMCO Investors Stock Performance

The business has a fifty day moving average of $23.76 and a 200-day moving average of $24.05. The company has a market capitalization of $538.18 million, a P/E ratio of 9.47 and a beta of 0.59.

GAMCO Investors Company Profile

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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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