Alliance Entertainment (NASDAQ:AENTW) Trading Up 4.8% – Time to Buy?

Shares of Alliance Entertainment Holding Co. (NASDAQ:AENTWGet Free Report) were up 4.8% during mid-day trading on Friday . The stock traded as high as $0.22 and last traded at $0.22. Approximately 100 shares traded hands during trading, a decline of 100% from the average daily volume of 39,700 shares. The stock had previously closed at $0.21.

Alliance Entertainment Stock Performance

The firm has a 50-day moving average price of $0.29 and a 200-day moving average price of $0.20.

About Alliance Entertainment

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Alliance Entertainment Holding Corporation operates as a wholesaler, retailer, distributor, and e-commerce provider for the entertainment industry worldwide. The company offers vinyl records, video games, digital video discs, blu-rays, toys, compact discs, collectibles, and other entertainment and consumer products.

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