GAMCO Investors (NYSE:GAMI) Reaches New 52-Week High – Should You Buy?

by · The Markets Daily

GAMCO Investors, Inc. (NYSE:GAMIGet Free Report) hit a new 52-week high during trading on Monday . The company 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 Stock Up 1.2%

The firm’s fifty day simple moving average is $25.14 and its 200-day simple moving average is $24.20. The company has a market cap of $582.76 million, a PE ratio of 10.25 and a beta of 0.58.

About GAMCO Investors

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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.

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