AMCON Distributing (NYSEAMERICAN:DIT) Now Covered by StockNews.com

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

AMCON Distributing Stock Performance

Shares of NYSEAMERICAN:DIT opened at $111.84 on Friday. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.46 and a quick ratio of 0.91. The business’s 50 day moving average price is $118.24 and its 200-day moving average price is $128.26. The firm has a market capitalization of $72.70 million, a PE ratio of 15.60 and a beta of 0.57. AMCON Distributing has a 1 year low of $99.87 and a 1 year 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.