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GAMCO Investors (NYSE:GAMI) Sees Strong Trading Volume - Should You Buy?

GAMCO Investors logo with Finance background

Shares of GAMCO Investors, Inc. (NYSE:GAMI - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 8,104 shares were traded during trading, an increase of 121% from the previous session's volume of 3,661 shares.The stock last traded at $23.90 and had previously closed at $24.10.

GAMCO Investors Price Performance

The firm's fifty day moving average is $25.48 and its 200-day moving average is $24.93. The firm has a market cap of $581.25 million, a price-to-earnings ratio of 9.22 and a beta of 0.97.

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 was Tuesday, December 17th. This represents a $0.16 annualized dividend and a yield of 0.67%. GAMCO Investors's dividend payout ratio is currently 6.15%.

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.

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