GAMCO Investors (NYSE:GAMI) Shares Gap Down – What’s Next?

GAMCO Investors, Inc. (NYSE:GAMI)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $23.96, but opened at $23.38. GAMCO Investors shares last traded at $23.38, with a volume of 262 shares changing hands.

GAMCO Investors Trading Up 0.0 %

The stock’s fifty day moving average price is $25.29 and its 200 day moving average price is $24.88. The stock has a market cap of $559.44 million, a P/E ratio of 8.87 and a beta of 0.97.

GAMCO Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date was Tuesday, December 17th. GAMCO Investors’s dividend payout ratio (DPR) is presently 6.15%.

GAMCO Investors Company Profile

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.