Shares of GAMCO Investors, Inc. (NYSE:GAMI – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 15,032 shares were traded during mid-day trading, an increase of 735% from the previous session’s volume of 1,800 shares.The stock last traded at $24.00 and had previously closed at $23.27.
GAMCO Investors Stock Performance
The company has a market capitalization of $599.69 million, a PE ratio of 9.52 and a beta of 0.96. The company’s 50-day moving average is $24.49 and its 200 day moving average is $24.73.
GAMCO Investors (NYSE:GAMI – Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.69 earnings per share for the quarter. The company had revenue of $57.55 million during the quarter. GAMCO Investors had a net margin of 27.99% and a return on equity of 35.78%.
GAMCO Investors Company Profile
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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