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GAMCO Investors (NYSE:GAMI) Sees Strong Trading Volume - Time to Buy?

GAMCO Investors logo with Finance background

Key Points

  • GAMCO Investors experienced a significant increase in trading volume on Tuesday, with approximately 27,802 shares traded, marking a 338% rise from the previous day's volume.
  • The stock closed at $24.40 after a slight decline of 0.2% from its previous close of $24.44.
  • GAMCO has a market capitalization of $546.85 million and a PE ratio of 9.24, indicating potential value for investors.
  • MarketBeat previews top five stocks to own in October.

GAMCO Investors, Inc. (NYSE:GAMI - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 27,802 shares were traded during trading, an increase of 338% from the previous session's volume of 6,347 shares.The stock last traded at $24.40 and had previously closed at $24.44.

GAMCO Investors Trading Down 0.2%

The firm has a market capitalization of $546.85 million, a PE ratio of 9.24 and a beta of 0.81. The business's 50 day simple moving average is $24.28 and its two-hundred day simple moving average is $23.69.

GAMCO Investors Company Profile

(Get Free Report)

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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