StockNews.com started coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT - Free Report) in a report released on Sunday. The brokerage issued a hold rating on the stock.
AMCON Distributing Price Performance
Shares of AMCON Distributing stock traded up $2.71 during trading on Friday, hitting $118.96. The stock had a trading volume of 32 shares, compared to its average volume of 312. The firm has a market cap of $77.32 million, a price-to-earnings ratio of 16.59 and a beta of 0.57. AMCON Distributing has a 12 month low of $99.87 and a 12 month high of $166.00. The business's 50-day moving average is $120.58 and its 200 day moving average is $129.08. The company has a current ratio of 2.46, a quick ratio of 0.91 and a debt-to-equity ratio of 1.23.
About AMCON Distributing
(
Get Free Report)
AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Mid-South regions of the United States. It operates through Wholesale Distribution and Retail Health Food segments. The Wholesale Distribution segment distributes consumer products, including cigarettes and tobacco products, candy and other confectionery, beverages, groceries, paper products, health and beauty care products, frozen and refrigerated products, and institutional foodservice products.
Recommended Stories
Before you consider AMCON Distributing, 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 AMCON Distributing wasn't on the list.
While AMCON Distributing currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
