GAMCO Investors (NYSE:GAMI) Reaches New 1-Year High – Here’s Why

Shares of GAMCO Investors, Inc. (NYSE:GAMIGet Free Report) hit a new 52-week high on Monday . The stock traded as high as $27.06 and last traded at $27.06, with a volume of 2169 shares trading hands. The stock had previously closed at $26.75.

GAMCO Investors Trading Up 1.2%

The company has a market capitalization of $582.76 million, a price-to-earnings ratio of 10.25 and a beta of 0.58. The company’s 50 day simple moving average is $25.14 and its 200-day simple moving average is $24.20.

GAMCO Investors Company Profile

(Get Free Report)

GAMCO Investors, Inc is an investment management company that provides portfolio management and related financial services to institutions, financial intermediaries, private wealth clients and individual investors. The company is known for its value-oriented investment approach and research-driven management of equity, fixed-income and alternative investment strategies.

Through its GAMCO and Gabelli brands, the company offers mutual funds, closed-end funds, separately managed accounts, institutional investment mandates and wealth management services.

Further Reading

Receive News & Ratings for GAMCO Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GAMCO Investors and related companies with MarketBeat.com's FREE daily email newsletter.