Empowered Funds LLC acquired a new stake in Alliance Entertainment Holding Co. (NASDAQ:AENT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 83,197 shares of the company's stock, valued at approximately $754,000. Empowered Funds LLC owned 0.16% of Alliance Entertainment as of its most recent SEC filing.
Separately, Clarity Capital Partners LLC lifted its holdings in shares of Alliance Entertainment by 13.6% during the 3rd quarter. Clarity Capital Partners LLC now owns 25,000 shares of the company's stock worth $68,000 after acquiring an additional 3,000 shares during the period. 0.27% of the stock is owned by institutional investors and hedge funds.
Alliance Entertainment Price Performance
Shares of Alliance Entertainment stock traded down $0.15 on Friday, reaching $4.18. 75,214 shares of the stock were exchanged, compared to its average volume of 108,150. The firm's 50 day moving average is $6.46 and its 200-day moving average is $4.33. Alliance Entertainment Holding Co. has a one year low of $1.10 and a one year high of $11.57. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.77 and a current ratio of 1.24. The firm has a market cap of $213.01 million, a PE ratio of 32.16 and a beta of 0.07.
Alliance Entertainment (NASDAQ:AENT - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.35 by ($0.16). Alliance Entertainment had a return on equity of 10.26% and a net margin of 0.62%.
Alliance Entertainment Profile
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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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