AMCON Distributing (NYSEAMERICAN:DIT - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 trading hands.
Analyst Ratings Changes
Separately, Wall Street Zen assumed coverage on AMCON Distributing in a research note on Saturday, May 17th. They set a "hold" rating for the company.
Read Our Latest Report on DIT
AMCON Distributing Stock Performance
The firm has a market cap of $70.38 million, a P/E ratio of 15.10 and a beta of 0.57. The stock has a fifty day simple moving average of $115.30 and a 200 day simple moving average of $126.55. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.91 and a current ratio of 2.46.
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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