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

Analysts at StockNews.com assumed coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT) in a note issued to investors on Sunday. The brokerage set a “hold” rating on the stock.

AMCON Distributing Stock Performance

AMCON Distributing stock opened at $117.51 on Friday. 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 company has a market capitalization of $76.38 million, a PE ratio of 16.39 and a beta of 0.57. The company has a 50 day moving average price of $122.21 and a 200-day moving average price of $129.46. AMCON Distributing has a fifty-two week low of $99.87 and a fifty-two week high of $174.99.

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.