AMCON Distributing (NYSEAMERICAN:DIT) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT) in a research report report published on Saturday. The brokerage issued a hold rating on the stock.

AMCON Distributing Price Performance

Shares of DIT stock opened at $111.84 on Friday. The stock’s 50-day simple moving average is $118.60 and its 200-day simple moving average is $128.37. The firm has a market capitalization of $72.70 million, a price-to-earnings ratio of 15.60 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. AMCON Distributing has a fifty-two week low of $99.87 and a fifty-two week high of $166.00.

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.