GAMCO Investors (GBL) Upgrade Alert, Watch for 11.8% Technical Downtrend Reversal
Thursday, February 11, 2010 - 10:35
Written on Thu, 02/11/2010 - 10:35am
By Chip Brian

GAMCO Investors (NYSE:GBL) upgraded to Neutral from Sell at Goldman. The stock closed yesterday at $40.38 on volume of 18,388 shares, below average daily volume of 24,566.
GAMCO Investors is currently below its 50-day moving average of $45.30 and below its 200-day moving average of $46.96.
SmarTrend is bearish on shares of GBL and our subscribers received a Downtrend alert on January 13, 2010 at $45.79, which has returned 11.8% to date.

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