2 weeks Ago By ABMN Staff
StockNews.com started coverage on shares of AMCON Distributing ( NYSEAMERICAN:DIT – Free Report ) in a research report sent to investors on Monday. The firm issued a hold rating on the stock.
AMCON Distributing Price Performance NYSEAMERICAN:DIT opened at $144.95 on Monday. AMCON Distributing has a 1-year low of $119.
34 and a 1-year high of $210.53. The company has a quick ratio of 1.
15, a current ratio of 3.05 and a debt-to-equity ratio of 1.59.
The company has a market capitalization of $91.32 million, a PE ratio of 10.24 and a beta of 0.
51. AMCON Distributing ( NYSEAMERICAN:DIT – Get Free Report ) last announced its earnings results on Thursday, July 18th. The company reported $2.
46 earnings per share for the quarter. The business had revenue of $717.85 million during the quarter.
AMCON Distributing had a net margin of 0.23% and a return on equity of 5.65%.
AMCON Distributing Dividend Announcement Institutional Inflows and Outflows A hedge fund recently raised its stake in AMCON Distributing stock. CM Management LLC lifted its position in shares of AMCON Distributing ( NYSEAMERICAN:DIT – Free Report ) by 2.5% in the second quarter, according to its most recent disclosure with the SEC.
The institutional investor owned 8,200 shares of the company’s stock after buying an additional 200 shares during the quarter. CM Management LLC owned about 1.30% of AMCON Distributing worth $1,152,000 as of its most recent SEC filing.
11.14% of the stock is owned by hedge funds and other institutional investors. AMCON Distributing Company Profile ( Get Free Report ) 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. Further Reading 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.
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