Shares of Alliance Entertainment Holding Co. (NASDAQ:AENTW – Get Free Report) were down 3.7% on Friday . The company traded as low as $0.36 and last traded at $0.3610. Approximately 200 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 18,496 shares. The stock had previously closed at $0.3750.
Alliance Entertainment Price Performance
The firm’s 50-day moving average is $0.42 and its two-hundred day moving average is $0.55.
About Alliance Entertainment
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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