Zacks Investment Research upgraded Gamco Investors Inc (NYSE:GBL) to Hold in a report released today.
- Updated: October 4, 2016
Having a price of $28.73, Gamco Investors Inc (NYSE:GBL) traded 0.49% higher on the day. With the last close down -16.02% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. GBL has recorded a 50-day average of $29.86 and a two hundred day average of $34.21. Trade Volume was up over the average, with 28,044 shares of GBL changing hands over the typical 24,551
Zacks Investment Research has upgraded Gamco Investors Inc (NYSE:GBL) to Hold in a statement released on 10/05/2016.
Recent Performance Chart
Gamco Investors Inc has price-earnings ratio of 9.03 with a one year low of $25.95 and a 52 week high of $41.67 and has a market capitalization of $0.
Brief Synopsis On Gamco Investors Inc (NYSE:GBL)
GAMCO Investors, Inc. (GBL) is a holding company. Through its subsidiaries, the Company provides investment advisory services to open and closed-end funds, institutional and private wealth management (PWM) investors in the United States. The Company operates in the segment of investment advisory and asset management business. The Company manages assets and invests in the United States and international securities through various investment styles. GAMCO Asset Management Inc. (Institutional and Private Wealth Management) and Gabelli Funds, LLC (Funds) are registered investment advisers. G.distributors, LLC (G.distributors) acts as an underwriter and distributor of its open-end funds. Its assets under management (AUM) are organized into three groups: Institutional and Private Wealth Management; Open and Closed-End Funds, and SICAV. The Company provides advisory services to a fund under the GAMCO brand, the GAMCO International SICAV (the SICAV).
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