GAMCO Investors (NYSE:GAMI) Sees Large Volume Increase – What’s Next?

GAMCO Investors, Inc. (NYSE:GAMIGet Free Report) shares saw an uptick in trading volume on Friday . 20,930 shares were traded during mid-day trading, an increase of 201% from the previous session’s volume of 6,949 shares.The stock last traded at $24.54 and had previously closed at $24.36.

GAMCO Investors Stock Performance

The firm has a market cap of $547.86 million, a P/E ratio of 9.30 and a beta of 0.74. The firm’s fifty day moving average is $24.72 and its 200 day moving average is $24.30.

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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