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GAMCO Investors (NYSE:GAMI) Hits New 1-Year High at $22.75

GAMCO Investors, Inc. (NYSE:GAMI - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $22.75 and last traded at $22.75, with a volume of 13993 shares trading hands. The stock had previously closed at $22.56.

GAMCO Investors Stock Performance

The business's 50 day moving average price is $20.73 and its 200-day moving average price is $19.50. The firm has a market capitalization of $563.75 million, a PE ratio of 9.56 and a beta of 1.09.

GAMCO Investors (NYSE:GAMI - Get Free Report) last announced its earnings results on Tuesday, February 6th. The company reported $0.66 earnings per share for the quarter. GAMCO Investors had a net margin of 25.53% and a return on equity of 36.38%. The firm had revenue of $57.31 million for the quarter.

GAMCO Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Tuesday, March 12th were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.70%. The ex-dividend date was Monday, March 11th. GAMCO Investors's payout ratio is currently 6.72%.

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.

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