GAMCO Investors (NYSE:GAMI) Stock Price Down 0.2% - Here's What Happened

Key Points

• GAMCO Investors' stock price fell by 0.2% during mid-day trading, closing at $24.26 after trading as low as that price.
• The company's trading volume was significantly low, with only 201 shares exchanged compared to the average of 6,112 shares.
• GAMCO Investors has a market capitalization of $543.72 million, a price-to-earnings ratio of 9.19, and operates as a holding investment manager offering various financial services.

GAMCO Investors, Inc. (NYSE:GAMI - )'s share price traded down 0.2% during mid-day trading on Thursday . The company traded as low as $24.26 and last traded at $24.26. 201 shares changed hands during trading, a decline of 97% from the average session volume of 6,112 shares. The stock had previously closed at $24.32.

GAMCO Investors Price Performance

The business's 50 day moving average price is $24.24 and its 200-day moving average price is $23.68. The firm has a market capitalization of $543.72 million, a price-to-earnings ratio of 9.19 and a beta of 0.81.

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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