AMCON Distributing (NYSEAMERICAN:DIT - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $125.91 and traded as low as $98.02. AMCON Distributing shares last traded at $102.98, with a volume of 558 shares changing hands.
Analysts Set New Price Targets
Separately, Wall Street Zen started coverage on AMCON Distributing in a research report on Saturday, May 17th. They set a "hold" rating for the company.
Check Out Our Latest Analysis on DIT
AMCON Distributing Trading Down 5.6%
The company has a market capitalization of $63.19 million, a PE ratio of 13.56 and a beta of 0.57. The company has a current ratio of 2.46, a quick ratio of 0.91 and a debt-to-equity ratio of 1.23. The stock has a fifty day moving average of $113.63 and a two-hundred day moving average of $125.35.
AMCON Distributing Company Profile
(
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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.
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