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GAMCO Investors (NYSE:GAMI) Sees Unusually-High Trading Volume - What's Next?

GAMCO Investors logo with Finance background

Key Points

  • On Wednesday, GAMCO Investors, Inc. (NYSE:GAMI) experienced an 80% increase in trading volume, with approximately 11,840 shares changing hands compared to the previous session's 6,562 shares.
  • The stock last traded at $23.65, down from a previous close of $23.97, amidst rising trading activity.
  • GAMCO Investors has a market capitalization of $524.44 million, a P/E ratio of 8.86, and offers a range of investment services to various client segments.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of GAMCO Investors, Inc. (NYSE:GAMI - Get Free Report) saw strong trading volume on Wednesday . 11,840 shares changed hands during trading, an increase of 80% from the previous session's volume of 6,562 shares.The stock last traded at $23.65 and had previously closed at $23.97.

GAMCO Investors Stock Down 1.4%

The business has a 50 day moving average of $24.27 and a 200 day moving average of $23.58. The company has a market capitalization of $517.72 million, a P/E ratio of 8.75 and a beta of 0.81.

About GAMCO Investors

(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.

Further Reading

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