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General American Investors Announces Change of Date for 2024 Annual Meeting of Stockholders
Business Wire (Tue, 5-Mar 6:15 AM ET)
Globe Newswire (Fri, 1-Mar 5:02 AM ET)
General American Investors Files Certified Shareholder Report for Year Ended December 31, 2023
Business Wire (Fri, 16-Feb 4:25 PM ET)
General American Investors Company Announces Action Taken by the Board of Directors
Business Wire (Thu, 25-Jan 4:25 PM ET)
General American Investors Company Preferred Stock Dividend/Distribution
Business Wire (Wed, 24-Jan 4:25 PM ET)
The primary investment objective of the Company is long-term capital appreciation with lesser emphasis on current income. The fund will focus on equity securities with growth potential at reasonable valuations.
General American Investors trades on the NYSE stock market under the symbol GAM.
As of March 28, 2024, GAM stock price climbed to $46.51 with 8,760 million shares trading.
GAM has a beta of 0.99, meaning it tends to be less sensitive to market movements. GAM has a correlation of 0.75 to the broad based SPY ETF.
GAM has a market cap of $1.10 billion. This is considered a Small Cap stock.
In the last 3 years, GAM stock traded as high as $46.75 and as low as $33.23.
GAM has underperformed the market in the last year with a return of +31.0%, while the SPY ETF gained +33.6%. In the last 3 month period, GAM fell short of the market, returning +7.3%, while SPY returned +10.1%. However, in the most recent 2 weeks GAM has outperformed the stock market by returning +2.5%, while SPY returned +1.7%.
GAM support price is $46.02 and resistance is $46.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GAM stock will trade within this expected range on the day.