GAMCO Investors (NYSE:GAMI) Reaches New 12-Month High – Still a Buy?

GAMCO Investors, Inc. (NYSE:GAMIGet Free Report)’s stock price hit a new 52-week high on Saturday . The stock traded as high as $27.04 and last traded at $26.60, with a volume of 10216 shares trading hands. The stock had previously closed at $25.6225.

GAMCO Investors Price Performance

The company’s fifty day moving average price is $24.65 and its 200 day moving average price is $24.10. The company has a market cap of $572.86 million, a PE ratio of 10.08 and a beta of 0.57.

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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