GAMCO Investors (NYSE:GAMI) Trading Down 0.1% – Here’s What Happened

Shares of GAMCO Investors, Inc. (NYSE:GAMIGet Free Report) were down 0.1% on Thursday . The stock traded as low as $24.24 and last traded at $24.75. Approximately 1,213 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 6,381 shares. The stock had previously closed at $24.7720.

GAMCO Investors Stock Performance

The company has a 50-day simple moving average of $23.98 and a 200-day simple moving average of $23.91. The company has a market cap of $540.94 million, a price-to-earnings ratio of 9.18 and a beta of 0.79.

GAMCO Investors Company Profile

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GAMCO Investors, Inc is a publicly owned holding investment manager. The firm also provides wealth management, investment advisory, institutional research, brokerage, dealer, underwriting, and distribution services to its clients. It provides its services to individuals including high net worth individuals, corporate pension and profit-sharing plans, foundations, endowments, jointly trust plans, municipalities, and investment companies.

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