Shares of Alliance Entertainment Holding Co. (NASDAQ:AENTW – Get Free Report) rose 23.1% during mid-day trading on Tuesday. The company traded as high as $0.2599 and last traded at $0.24. 22,137 shares traded hands during mid-day trading, an increase of 13% from the average session volume of 19,504 shares. The stock had previously closed at $0.1950.
Alliance Entertainment Trading Down 4.0%
The firm’s 50-day simple moving average is $0.34 and its 200 day simple moving average is $0.47.
Alliance Entertainment Company Profile
Alliance Entertainment, traded on the NASDAQ under the ticker AENTW, is a leading wholesale distributor of home entertainment products in North America. The company specializes in sourcing and distributing a broad range of physical media, including DVDs, Blu-ray discs, CDs, vinyl records, video games and related consumer electronics accessories. With an extensive catalog and long-standing relationships with studios, record labels and publishers, Alliance Entertainment serves a diverse customer base that spans traditional retailers, internet merchants and specialty outlets.
Beyond core distribution, Alliance Entertainment provides a suite of integrated supply chain and e-commerce fulfillment services.
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