Shares of Alliance Entertainment Holding Co. (NASDAQ:AENTW – Get Free Report) shot up 10% during mid-day trading on Monday . The company traded as high as $0.44 and last traded at $0.4399. 54,620 shares changed hands during trading, an increase of 107% from the average session volume of 26,435 shares. The stock had previously closed at $0.40.
Alliance Entertainment Price Performance
The stock has a 50-day moving average price of $0.70 and a 200 day moving average price of $0.62.
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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