Gamco Investors Inc. (GBL) Plunges 5.79%

Gamco Investors Inc. (GBL) Plunges 5.79%

Gamco Investors Inc. is a GAMCO Investors Inc is a provider of investment advisory services to open-end funds, closed-end funds, Exchange Traded Managed Funds (ETMFs), and institutional and private wealth management investors.

Gamco Investors Inc. (GBL) had a rough trading day for Monday March 15 as shares tumbled 5.79%, or a loss of $-1.2 per share, to close at $19.54. After opening the day at $20.50, shares of Gamco Investors Inc. traded as high as $20.50 and as low as $19.36. Volume was 68,286 shares over 505 trades, against an average daily volume of n/a shares and a total float of 27.45 million.

As a result of the decline, Gamco Investors Inc. now has a market cap of $536.41 million. In the last year, shares of Gamco Investors Inc. have traded between a range of $21.34 and $9.03, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

GAMCO Investors Inc is a provider of investment advisory services to open-end funds, closed-end funds, Exchange Traded Managed Funds (ETMFs), and institutional and private wealth management investors principally in the United States. The company invests in a variety of U.S. and international securities through various investment styles including value, growth, non-market correlated, and convertible securities. Its revenues are based primarily on the company’s levels of assets under management (AUM) and fees associated with our various investment products.

Gamco Investors Inc. is based out of Rye, NY and has some 189 employees. Its CEO is Mario J. Gabelli.

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