GAMCO Investors (NYSE:GAMI) Stock Price Up 0.6% – Should You Buy?

GAMCO Investors, Inc. (NYSE:GAMI)’s stock price rose 0.6% during trading on Monday . The company traded as high as $23.7450 and last traded at $23.7450. Approximately 1,006 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 10,931 shares. The stock had previously closed at $23.60.

GAMCO Investors Stock Up 0.6%

The company has a 50 day simple moving average of $24.30 and a 200-day simple moving average of $24.52. The stock has a market cap of $512.32 million, a price-to-earnings ratio of 8.99 and a beta of 0.69.

About GAMCO Investors

GAMCO Investors, Inc is a publicly traded investment advisory firm founded in 1976 by Mario J. Gabelli. Headquartered in Rye Brook, New York, the company offers portfolio management and advisory services to a range of clients, including institutions, high-net-worth individuals and retail investors. GAMCO operates as both an investment manager and sub-advisor, overseeing equity, fixed-income and alternative strategies across global and domestic markets.

The firm’s product lineup includes separately managed accounts, closed-end funds, mutual funds and exchange-traded products.