GAMCO Investors (NYSE:GAMI) Sees Strong Trading Volume – Still a Buy?

Shares of GAMCO Investors, Inc. (NYSE:GAMI – Get Free Report) saw unusually-strong trading volume on Friday. Approximately 22,669 shares traded hands during trading, an increase of 261% from the previous session’s volume of 6,271 shares. The stock last traded at $25.00 and had previously closed at $25.09.

GAMCO Investors Price Performance

The stock has a market capitalization of $538.40 million, a P/E ratio of 9.47 and a beta of 0.58. The company’s 50-day simple moving average is $25.58 and its 200-day simple moving average is $24.31.

About GAMCO Investors

(Get Free Report)

GAMCO Investors, Inc is an investment management company that provides portfolio management and related financial services to institutions, financial intermediaries, private wealth clients and individual investors. The company is known for its value-oriented investment approach and research-driven management of equity, fixed-income and alternative investment strategies.

Through its GAMCO and Gabelli brands, the company offers mutual funds, closed-end funds, separately managed accounts, institutional investment mandates and wealth management services.

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