GAMCO Investors (NYSE:GAMI) Sees Unusually-High Trading Volume

→ America’s worst nightmare? (From Porter & Company) (Ad)

GAMCO Investors, Inc. (NYSE:GAMI - Get Free Report) saw strong trading volume on Wednesday . 27,451 shares were traded during mid-day trading, an increase of 260% from the previous session's volume of 7,617 shares.The stock last traded at $22.10 and had previously closed at $21.96.

GAMCO Investors Price Performance

The company has a 50 day moving average of $20.32 and a two-hundred day moving average of $19.37. The company has a market capitalization of $546.40 million, a PE ratio of 9.26 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 (EPS) for the quarter. The firm had revenue of $57.31 million for the quarter. GAMCO Investors had a net margin of 25.53% and a return on equity of 36.38%.

GAMCO Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Tuesday, March 12th were given a $0.04 dividend. The ex-dividend date of this dividend was Monday, March 11th. This represents a $0.16 dividend on an annualized basis and a yield of 0.73%. GAMCO Investors's dividend payout ratio (DPR) is presently 6.72%.

GAMCO Investors Company Profile

(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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

→ America’s worst nightmare? (From Porter & Company) (Ad)

Should you invest $1,000 in GAMCO Investors right now?

Before you consider GAMCO Investors, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GAMCO Investors wasn't on the list.

While GAMCO Investors currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Featured Articles and Offers

Search Headlines: