Alliance Entertainment Holding Co. (NASDAQ:AENT - Get Free Report)'s share price shot up 7.1% during mid-day trading on Monday . The stock traded as high as $10.70 and last traded at $10.38. 38,643 shares were traded during trading, a decline of 60% from the average session volume of 97,205 shares. The stock had previously closed at $9.69.
Alliance Entertainment Trading Up 5.9 %
The business has a 50 day moving average price of $5.91 and a 200 day moving average price of $3.60. The company has a market capitalization of $522.82 million, a P/E ratio of 60.35 and a beta of 0.13. The company has a current ratio of 1.34, a quick ratio of 0.60 and a debt-to-equity ratio of 1.13.
Institutional Investors Weigh In On Alliance Entertainment
An institutional investor recently raised its position in Alliance Entertainment stock. Clarity Capital Partners LLC lifted its position in Alliance Entertainment Holding Co. (NASDAQ:AENT - Free Report) by 13.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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. Institutional investors own 0.27% of the company's stock.
Alliance Entertainment Company Profile
(
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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