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

StockNews.com began coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT) in a research note published on Thursday morning. The brokerage issued a hold rating on the stock.

AMCON Distributing Price Performance

Shares of DIT opened at $117.05 on Thursday. The firm has a market capitalization of $76.08 million, a PE ratio of 16.32 and a beta of 0.57. The stock’s 50-day moving average is $127.28. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.91 and a current ratio of 2.46. AMCON Distributing has a 12 month low of $107.21 and a 12 month high of $183.50.

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.