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

StockNews.com assumed coverage on shares of AMCON Distributing (NYSE:DITGet Rating) in a research note issued on Monday. The firm set a “hold” rating on the stock.

Shares of DIT opened at $157.90 on Monday. The stock has a market cap of $92.37 million, a price-to-earnings ratio of 5.67 and a beta of 0.67. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.89 and a current ratio of 2.87. The company’s fifty day moving average is $164.32. AMCON Distributing has a 1-year low of $122.85 and a 1-year high of $270.00.

AMCON Distributing (NYSE:DITGet Rating) last announced its earnings results on Monday, April 18th. The company reported $5.19 earnings per share for the quarter. AMCON Distributing had a net margin of 0.94% and a return on equity of 20.66%. The business had revenue of $391.89 million during the quarter.

AMCON Distributing Company Profile (Get Rating)

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.

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