GAMCO Investors (NYSE:GAMI) Sees Shares Jump Before Trading Opens

On Monday, shares of GAMCO Investors, Inc. (NYSE:GAMI) experienced a notable gap up before trading commenced. The stock was previously closed at $24.12 but opened significantly higher at $25.00. As trading continued, GAMCO Investors shares remained at $25.00, with a total trading volume of 257 shares.

GAMCO Investors Stock Performance

The company boasts a market capitalization of approximately $586.58 million, with a price-to-earnings (PE) ratio of 9.30 and a beta value of 0.96. The stock's fifty-day simple moving average stands at $25.54, while the 200-day simple moving average is at $24.91.

GAMCO Investors Dividend Announcement

Recently, GAMCO Investors announced a quarterly dividend, which was distributed on Tuesday, December 31st. Shareholders recorded on December 17th received a dividend of $0.04 per share, with the ex-dividend date also falling on December 17th. This indicates an annualized dividend yield of 0.66%, with a total payout of $0.16 per share. Currently, GAMCO Investors' dividend payout ratio (DPR) is measured at 6.15%.

About GAMCO Investors

GAMCO Investors, Inc. is a public holding investment management firm that offers various services including wealth management, investment advisory, institutional research, brokerage, dealer services, underwriting, and distribution. The firm caters to a wide range of clients, which includes individuals, particularly those with high net worth, corporate pension plans, profit-sharing plans, foundations, endowments, jointly trust plans, municipalities, and investment companies.

GAMCO, Investors, Stock