Investment analysts at StockNews.com initiated coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT – Get Free Report) in a report issued on Monday. The firm set a “hold” rating on the stock.
AMCON Distributing Stock Down 0.7 %
DIT stock opened at $146.80 on Monday. The company has a market cap of $92.48 million, a P/E ratio of 10.37 and a beta of 0.51. AMCON Distributing has a fifty-two week low of $119.34 and a fifty-two week high of $210.53. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.15 and a current ratio of 3.05.
AMCON Distributing (NYSEAMERICAN:DIT – Get Free Report) last posted its quarterly earnings results on Thursday, July 18th. The company reported $2.46 EPS for the quarter. AMCON Distributing had a return on equity of 5.65% and a net margin of 0.23%. The firm had revenue of $717.85 million during the quarter.
Institutional Investors Weigh In On AMCON Distributing
AMCON Distributing Company Profile
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.
Featured Stories
- Five stocks we like better than AMCON Distributing
- There Are Different Types of Stock To Invest In
- Simon Property REIT: A Safe Bet for Growth and Steady Dividends
- Best Stocks Under $10.00
- CarMax’s Impressive Rally: What Investors Should Watch Next
- How to Invest in Blue Chip Stocks
- MarketBeat Week in Review – 9/23 – 9/27
Receive News & Ratings for AMCON Distributing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMCON Distributing and related companies with MarketBeat.com's FREE daily email newsletter.