GAMCO Investors (NYSE:GAMI) Sees Large Volume Increase - Should You Buy?

Key Points

• GAMCO Investors experienced a significant increase in trading volume, with 10,522 shares exchanged, marking a 66% rise from the prior session.
• The stock is currently trading at $24.32, showing a slight decline of 0.7% from its previous close of $24.43.
• GAMCO Investors has a market cap of $543.49 million and operates as a holding investment manager, offering services to a diverse range of clients.

GAMCO Investors, Inc. (NYSE:GAMI - Get Free Report) shares saw strong trading volume on Tuesday . 10,522 shares changed hands during trading, an increase of 66% from the previous session's volume of 6,347 shares.The stock last traded at $24.32 and had previously closed at $24.43.

GAMCO Investors Price Performance

The stock has a market capitalization of $542.15 million, a price-to-earnings ratio of 9.16 and a beta of 0.81. The firm's fifty day moving average is $24.33 and its 200-day moving average is $23.65.

About GAMCO Investors

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.