GAMCO Investors (NYSE:GAMI) Shares Down 1.1% – Should You Sell?

Shares of GAMCO Investors, Inc. (NYSE:GAMIGet Free Report) fell 1.1% during trading on Friday . The company traded as low as $24.72 and last traded at $24.72. 1,020 shares traded hands during trading, a decline of 93% from the average session volume of 13,861 shares. The stock had previously closed at $25.00.

GAMCO Investors Stock Down 1.1%

The company’s 50 day simple moving average is $24.81 and its 200-day simple moving average is $24.38. The firm has a market cap of $545.84 million, a P/E ratio of 9.36 and a beta of 0.68.

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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