Alliance Entertainment (NASDAQ:AENT - Get Free Report) announced its earnings results on Thursday. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.16), Zacks reports. Alliance Entertainment had a return on equity of 9.67% and a net margin of 0.77%.
Alliance Entertainment Stock Performance
NASDAQ:AENT traded down $0.99 during mid-day trading on Monday, reaching $4.19. The stock had a trading volume of 241,102 shares, compared to its average volume of 92,067. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.60 and a current ratio of 1.34. The firm has a market capitalization of $213.52 million, a price-to-earnings ratio of 24.65 and a beta of 0.07. Alliance Entertainment has a twelve month low of $1.10 and a twelve month high of $11.57. The business has a 50 day simple moving average of $6.59 and a 200 day simple moving average of $4.29.
About Alliance Entertainment
(
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Alliance Entertainment Holding Corporation operates as a wholesaler, distributor, and e-commerce provider for the entertainment industry worldwide. It offers vinyl records, video games, digital video discs, blu-rays, toys, compact discs, collectibles, and other entertainment and consumer products. The company also provides third party logistics products and services.
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