AMCON Distributing (NYSEAMERICAN:DIT) Stock Price Passes Below 200-Day Moving Average - What's Next?

Shares of AMCON Distributing Company (NYSEAMERICAN:DIT - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $113.66 and traded as low as $104.01. AMCON Distributing shares last traded at $106.50, with a volume of 979 shares traded.Get AMCON Distributing alerts:AMCON Distributing Stock PerformanceThe firm has a market cap of $69.23 million, a P/E ratio of 115.76 and a beta of 0.12. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.77 and a current ratio of 2.14. The business's 50-day simple moving average is $115.13 and its 200 day simple moving average is $113.66. AMCON Distributing (NYSEAMERICAN:DIT - Get Free Report) last released its quarterly earnings results on Friday, November 7th. The company reported $0.80 earnings per share (EPS) for the quarter. The firm had revenue of $746.30 million for the quarter. AMCON Distributing had a return on equity of 0.51% and a net margin of 0.02%.About AMCON Distributing (Get Free Report)AMCON Distributing, headquartered in Brentwood, Tennessee, operates as a wholesale distributor of tobacco, vaping products and convenience store items. The company's core portfolio includes cigarettes, smokeless tobacco, e-liquids, snacks, beverages and general merchandise. Through its network of regional warehouses and dedicated delivery fleet, AMCON serves convenience stores, independent retailers, gas stations and small grocery outlets, offering daily restocking and inventory management solutions tailored to each customer's needs. Covering multiple states across the Southeastern and South Central United States, AMCON maintains distribution points in Tennessee, Georgia, Alabama, Kentucky, Mississippi and portions of Florida and Texas.Read MoreFive stocks we like better than AMCON DistributingThe boring AI play that could pay up to $4,290 monthlyTrump’s “real estate deal for America” explainedPut $1,000 into this stock by Jan 1 [Not NVDA]ALERT: Drop these 5 stocks before January 2026!Trump Did WHAT??This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in AMCON Distributing Right Now?Before you consider AMCON Distributing, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AMCON Distributing wasn't on the list.While AMCON Distributing currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here