Free Trial

AMCON Distributing (NYSEAMERICAN:DIT) Share Price Crosses Below Two Hundred Day Moving Average - Should You Sell?

AMCON Distributing logo with Retail/Wholesale background

AMCON Distributing (NYSEAMERICAN:DIT - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $127.01 and traded as low as $104.00. AMCON Distributing shares last traded at $104.00, with a volume of 148 shares changing hands.

Analyst Ratings Changes

Separately, Wall Street Zen started coverage on AMCON Distributing in a report on Saturday, May 17th. They set a "hold" rating for the company.

Check Out Our Latest Research Report on AMCON Distributing

AMCON Distributing Price Performance

The stock has a 50 day moving average of $115.67 and a 200-day moving average of $126.90. The company has a market cap of $70.38 million, a PE ratio of 15.10 and a beta of 0.57. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.91 and a current ratio of 2.46.

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.

See Also

Should You Invest $1,000 in AMCON Distributing Right Now?

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

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Dirt-Cheap Stocks in a Market That’s Getting Expensive
Top 3 Defense Stocks to Profit From $175 Billion Golden Dome
Top 5 Stocks for June: AI Picks That Aren’t NVIDIA

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines