GAMCO Investors (NYSE:GAMI) Hits New 1-Year High – Time to Buy?

GAMCO Investors, Inc. (NYSE:GAMIGet Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as $26.01 and last traded at $26.00, with a volume of 1239 shares changing hands. The stock had previously closed at $24.50.

GAMCO Investors Price Performance

The stock’s 50-day moving average is $23.90 and its 200-day moving average is $24.03. The stock has a market cap of $549.17 million, a price-to-earnings ratio of 9.66 and a beta of 0.57.

About GAMCO Investors

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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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