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GAMCO Investors (NYSE:GAMI) Sees Large Volume Increase - What's Next?

GAMCO Investors logo with Finance background

GAMCO Investors, Inc. (NYSE:GAMI - Get Free Report) shares saw an uptick in trading volume on Thursday . 904 shares changed hands during mid-day trading, a decline of 63% from the previous session's volume of 2,411 shares.The stock last traded at $23.85 and had previously closed at $23.23.

GAMCO Investors Trading Up 0.0 %

The firm has a market capitalization of $559.44 million, a P/E ratio of 8.87 and a beta of 0.97. The company's fifty day moving average is $25.24 and its 200-day moving average is $24.89.

GAMCO Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $0.16 annualized dividend and a yield of 0.69%. GAMCO Investors's payout ratio is 6.15%.

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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