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GAMCO Investors (NYSE:GAMI) Shares Gap Up - Still a Buy?

GAMCO Investors logo with Finance background

GAMCO Investors, Inc. (NYSE:GAMI - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $24.65, but opened at $25.49. GAMCO Investors shares last traded at $25.49, with a volume of 834 shares.

GAMCO Investors Stock Up 1.0 %

The stock has a market capitalization of $604.05 million, a P/E ratio of 10.25 and a beta of 0.95. The company has a fifty day simple moving average of $24.17 and a two-hundred day simple moving average of $24.49.

GAMCO Investors (NYSE:GAMI - Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.61 earnings per share for the quarter. GAMCO Investors had a return on equity of 33.04% and a net margin of 26.16%. The business had revenue of $57.64 million for the quarter.

GAMCO Investors Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, November 4th. Stockholders of record on Monday, September 30th will be issued a $2.00 dividend. The ex-dividend date is Monday, September 30th. GAMCO Investors's dividend payout ratio (DPR) is presently 6.58%.

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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