Stock analysts at StockNews.com assumed coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT – Get Free Report) in a research report issued on Sunday. The brokerage set a “hold” rating on the stock.
AMCON Distributing Stock Performance
AMCON Distributing stock opened at $136.10 on Friday. The company has a market capitalization of $85.74 million, a price-to-earnings ratio of 9.61 and a beta of 0.51. The company has a current ratio of 3.05, a quick ratio of 1.15 and a debt-to-equity ratio of 1.59. AMCON Distributing has a twelve month low of $119.34 and a twelve month high of $209.50.
AMCON Distributing (NYSEAMERICAN:DIT – Get Free Report) last announced its quarterly earnings results on Thursday, July 18th. The company reported $2.46 EPS for the quarter. AMCON Distributing had a net margin of 0.23% and a return on equity of 5.65%. The company had revenue of $717.85 million for the quarter.
Institutional Trading of AMCON Distributing
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.
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