Alliance Entertainment (NASDAQ:AENT) Releases Quarterly Earnings Results

Alliance Entertainment (NASDAQ:AENT) released its earnings results on Thursday. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.16), Zacks reports. Alliance Entertainment had a net margin of 0.77% and a return on equity of 9.67%.

Alliance Entertainment Stock Performance

AENT traded up $0.13 during trading on Thursday, hitting $5.18. The stock had a trading volume of 171,528 shares, compared to its average volume of 101,483. Alliance Entertainment has a twelve month low of $1.10 and a twelve month high of $11.57. The firm has a market capitalization of $263.97 million, a P/E ratio of 30.47 and a beta of 0.07. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.60 and a current ratio of 1.34. The company’s 50-day moving average price is $6.69 and its 200 day moving average price is $4.22.

About Alliance Entertainment

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.