Gamco Investors INC. ET AL increased its position in shares of RLJ Entertainment, Inc. (NASDAQ:RLJE) by 15.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 176,428 shares of the company’s stock after acquiring an additional 24,000 shares during the quarter. Gamco Investors INC. ET AL owned approximately 1.37% of RLJ Entertainment worth $626,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Edge Wealth Management LLC lifted its position in RLJ Entertainment by 16.2% in the second quarter. Edge Wealth Management LLC now owns 168,400 shares of the company’s stock valued at $555,000 after buying an additional 23,484 shares during the last quarter. Hedge funds and other institutional investors own 7.12% of the company’s stock.

RLJ Entertainment, Inc. (RLJE) opened at $4.00 on Thursday. RLJ Entertainment, Inc. has a 1 year low of $1.09 and a 1 year high of $4.61. The company has a quick ratio of 1.42, a current ratio of 1.50 and a debt-to-equity ratio of -5.22.

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RLJ Entertainment Profile

RLJ Entertainment, Inc (RLJE) is a global entertainment content distribution company. RLJE is a film and television licensee focusing on action, thriller and horror independent feature films. RLJE operates through three segments: Intellectual Property (IP) Licensing; Wholesale, and Direct-to-Consumer.

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