AMCON Distributing (NYSEAMERICAN:DIT) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com initiated coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT - Get Free Report) in a research note issued on Monday. The firm set a "hold" rating on the stock.

AMCON Distributing Stock Performance

Shares of DIT stock traded down $8.60 during trading hours on Monday, reaching $108.16. The stock had a trading volume of 37 shares, compared to its average volume of 309. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.46 and a quick ratio of 0.91. The firm has a 50-day simple moving average of $124.66 and a 200-day simple moving average of $130.25. The firm has a market capitalization of $70.30 million, a PE ratio of 15.09 and a beta of 0.57. AMCON Distributing has a twelve month low of $99.87 and a twelve month high of $174.99.

AMCON Distributing Company Profile

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.