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

StockNews.com started coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT - Get Free Report) in a research report issued to clients and investors on Thursday. The firm set a "hold" rating on the stock.

AMCON Distributing Stock Performance

Shares of AMCON Distributing stock traded down $0.67 during trading hours on Thursday, reaching $120.00. 63 shares of the company were exchanged, compared to its average volume of 310. The company has a market capitalization of $78 million, a price-to-earnings ratio of 16.74 and a beta of 0.57. The company has a current ratio of 2.46, a quick ratio of 0.91 and a debt-to-equity ratio of 1.23. AMCON Distributing has a 1 year low of $107.21 and a 1 year high of $183.50. The firm has a fifty day moving average of $127.18.

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.