Investment analysts at StockNews.com assumed coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT - Get Free Report) in a research note issued on Sunday. The firm set a "hold" rating on the stock.
AMCON Distributing Price Performance
Shares of NYSEAMERICAN DIT traded down $1.77 during mid-day trading on Friday, reaching $118.51. The company had a trading volume of 366 shares, compared to its average volume of 322. AMCON Distributing has a one year low of $99.87 and a one year high of $174.99. The business's 50-day simple moving average is $122.70 and its 200 day simple moving average is $129.73. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.91 and a current ratio of 2.46. The firm has a market cap of $77.03 million, a price-to-earnings ratio of 16.53 and a beta of 0.57.
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.
Further Reading
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
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
