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

Equities researchers at StockNews.com assumed coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating on the stock.

AMCON Distributing Trading Down 4.6 %

Shares of NYSEAMERICAN DIT opened at $117.05 on Thursday. AMCON Distributing has a 1-year low of $107.21 and a 1-year high of $183.50. 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 business has a 50-day moving average of $127.28. The company has a market capitalization of $76.08 million, a P/E ratio of 16.32 and a beta of 0.57.

About AMCON Distributing

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.