AMCON Distributing (NYSEAMERICAN:DIT) Stock Passes Above 50-Day Moving Average of $0.00

AMCON Distributing Co (NYSEAMERICAN:DIT)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.00 and traded as high as $76.25. AMCON Distributing shares last traded at $73.70, with a volume of 306 shares.

Separately, TheStreet cut AMCON Distributing from a “b-” rating to a “c” rating in a report on Tuesday, September 3rd.

AMCON Distributing (NYSEAMERICAN:DIT) last released its quarterly earnings results on Thursday, July 18th. The company reported $1.10 earnings per share for the quarter. The firm had revenue of $369.98 million for the quarter.

The company also recently declared a dividend, which was paid on Tuesday, August 27th. Stockholders of record on Monday, August 5th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, August 2nd.

About AMCON Distributing (NYSEAMERICAN:DIT)

AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Southern regions of the United States. It operates through two segments, Wholesale Distribution and Retail Health Food. 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 chilled products, and institutional foodservice products.

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