AMCON Distributing (NYSEAMERICAN:DIT) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT - Get Free Report) in a report issued on Monday. The brokerage set a "hold" rating on the stock.

AMCON Distributing Price Performance

Shares of NYSEAMERICAN DIT remained flat at $116.76 during mid-day trading on Monday. 28 shares of the stock were exchanged, compared to its average volume of 314. 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 fifty day moving average of $125.18 and a 200-day moving average of $130.41. The company has a market capitalization of $75.90 million, a PE ratio of 16.29 and a beta of 0.57. AMCON Distributing has a 52-week low of $99.87 and a 52-week high of $174.99.

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.