GAMCO Investors (NYSE:GAMI) Stock Price Down 0% - Here's Why

GAMCO Investors, Inc. (NYSE:GAMI - Get Free Report)'s share price traded down 0% during trading on Wednesday . The stock traded as low as $21.21 and last traded at $21.88. 1,464 shares changed hands during trading, a decline of 84% from the average session volume of 9,244 shares. The stock had previously closed at $21.89.

GAMCO Investors Stock Up 1.6 %

The company has a market capitalization of $493.23 million, a PE ratio of 8.33 and a beta of 0.79. The firm has a 50-day moving average of $22.80 and a two-hundred day moving average of $24.16.

GAMCO Investors Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th were issued a $0.08 dividend. This is a boost from GAMCO Investors's previous quarterly dividend of $0.04. The ex-dividend date was Tuesday, March 11th. This represents a $0.32 dividend on an annualized basis and a yield of 1.46%. GAMCO Investors's dividend payout ratio is presently 12.12%.

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.