Alliance Entertainment Holding Co. (NASDAQ:AENT - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $10.89 and last traded at $9.96, with a volume of 270288 shares changing hands. The stock had previously closed at $8.75.
Alliance Entertainment Price Performance
The firm has a 50-day moving average of $5.31 and a 200 day moving average of $3.40. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.34 and a quick ratio of 0.60. The company has a market capitalization of $508.04 million, a PE ratio of 58.65 and a beta of 0.40.
Institutional Trading of Alliance Entertainment
A hedge fund recently raised its stake in Alliance Entertainment stock. Clarity Capital Partners LLC raised its stake in shares of Alliance Entertainment Holding Co. (NASDAQ:AENT - Free Report) by 13.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,000 shares of the company's stock after buying an additional 3,000 shares during the period. Clarity Capital Partners LLC's holdings in Alliance Entertainment were worth $68,000 as of its most recent SEC filing. 0.27% of the stock is currently owned by institutional investors.
About Alliance Entertainment
(
Get Free Report)
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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