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GAMCO Investors (NYSE:GAMI) Trading 0.1% Higher

Defense World ·  Jan 27, 2023 02:30

GAMCO Investors, Inc. (NYSE:GAMI – Get Rating) shares shot up 0.1% during mid-day trading on Thursday . The company traded as high as $17.24 and last traded at $17.24. 4,161 shares changed hands during trading, a decline of 47% from the average session volume of 7,792 shares. The stock had previously closed at $17.22.

GAMCO Investors Price Performance

The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.24 and a current ratio of 2.85. The firm has a fifty day moving average price of $15.79. The firm has a market capitalization of $445.45 million, a P/E ratio of 8.25 and a beta of 1.26.

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GAMCO Investors (NYSE:GAMI – Get Rating) last announced its earnings results on Monday, November 7th. The company reported $0.36 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.36. The business had revenue of $61.92 million during the quarter. GAMCO Investors had a net margin of 19.78% and a return on equity of 51.48%.

About GAMCO Investors

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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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