General American Investors Company Inc (NYSE:GAM) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $35.79 and traded as high as $36.47. General American Investors shares last traded at $36.47, with a volume of 10,231 shares changing hands.
The firm has a 50 day moving average price of $35.79 and a 200-day moving average price of $34.97.
In other news, Director Rodney B. Berens sold 1,085 shares of General American Investors stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $36.72, for a total value of $39,841.20. Following the completion of the transaction, the director now owns 4,900 shares in the company, valued at approximately $179,928. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 7.04% of the company’s stock.
General American Investors Company Profile (NYSE:GAM)
General American Investors Company, Inc is a publicly owned investment manager. The firm invests in the public equity markets. It invests in growth stocks of companies. The firm employs fundamental analysis with a bottom-up stock picking approach to make its investments. General American Investors Company, Inc was founded in 1927 and is based in New York, New York.
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