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

Investment analysts at StockNews.com started coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT) in a note issued to investors on Thursday. The firm set a “hold” rating on the stock.

AMCON Distributing Stock Down 0.4 %

DIT traded down $0.49 during trading on Thursday, hitting $117.00. The company had a trading volume of 239 shares, compared to its average volume of 327. The stock has a market capitalization of $76.05 million, a P/E ratio of 16.32 and a beta of 0.57. The company has a debt-to-equity ratio of 1.23, a current ratio of 2.46 and a quick ratio of 0.91. AMCON Distributing has a one year low of $107.21 and a one year high of $183.50. The stock has a 50-day moving average of $127.62.

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.