Stock analysts at StockNews.com began coverage on shares of AMCON Distributing (NYSEAMERICAN:DIT – Get Free Report) in a report released on Saturday. The firm set a “hold” rating on the stock.
AMCON Distributing Stock Up 2.4 %
DIT stock opened at $143.43 on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 3.05 and a quick ratio of 1.15. The company has a market capitalization of $90.36 million, a PE ratio of 10.13 and a beta of 0.56. AMCON Distributing has a 12-month low of $119.34 and a 12-month high of $220.00.
AMCON Distributing (NYSEAMERICAN:DIT – Get Free Report) last posted its quarterly earnings data on Thursday, July 18th. The company reported $2.46 earnings per share for the quarter. AMCON Distributing had a return on equity of 5.65% and a net margin of 0.23%. The business had revenue of $717.85 million for the quarter.
Institutional Inflows and Outflows
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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