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

StockNews.com began coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT) in a research report released on Tuesday morning. The firm issued a hold rating on the stock.

AMCON Distributing Price Performance

Shares of NYSEAMERICAN DIT opened at $120.00 on Tuesday. The stock has a market cap 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 52 week low of $107.21 and a 52 week high of $183.50. The company’s 50-day moving average price is $127.04 and its 200 day moving average price is $131.16.

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.