Free Trial

Alliance Entertainment (NASDAQ:AENT) Posts Earnings Results

Alliance Entertainment (NASDAQ:AENT - Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.07) EPS for the quarter, Zacks reports. The firm had revenue of $211.21 million for the quarter. Alliance Entertainment had a negative return on equity of 8.38% and a negative net margin of 0.61%.

Alliance Entertainment Price Performance

Shares of AENT stock traded down $0.45 during mid-day trading on Friday, reaching $2.30. The stock had a trading volume of 34,751 shares, compared to its average volume of 26,856. The company has a market cap of $117.14 million, a P/E ratio of -17.93 and a beta of 0.31. Alliance Entertainment has a 12-month low of $0.65 and a 12-month high of $4.10. The business has a 50-day simple moving average of $1.93 and a 200 day simple moving average of $1.47. The company has a current ratio of 1.35, a quick ratio of 0.85 and a debt-to-equity ratio of 1.27.

Alliance Entertainment Company Profile

(Get 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.

See Also

Earnings History for Alliance Entertainment (NASDAQ:AENT)

→ Truth about Trump you’ve never heard (From Porter & Company) (Ad)

Should you invest $1,000 in Alliance Entertainment right now?

Before you consider Alliance Entertainment, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alliance Entertainment wasn't on the list.

While Alliance Entertainment currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

Featured Articles and Offers

Search Headlines: