Press coverage about AMCON Distributing (NYSE:DIT) has trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AMCON Distributing earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.0367629745347 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of AMCON Distributing (NYSE:DIT) traded up 0.69% during mid-day trading on Thursday, hitting $95.00. The stock had a trading volume of 889 shares. The company has a 50 day moving average price of $94.00 and a 200 day moving average price of $99.63. AMCON Distributing has a 12-month low of $86.35 and a 12-month high of $122.90. The firm has a market cap of $64.41 million and a P/E ratio of 18.58.
The business also recently announced a quarterly dividend, which was paid on Tuesday, August 29th. Investors of record on Monday, August 7th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date was Thursday, August 3rd.
Separately, TheStreet downgraded AMCON Distributing from a “b” rating to a “c+” rating in a research report on Thursday, August 17th.
AMCON Distributing Company Profile
AMCON Distributing Company (AMCON) and its subsidiaries are engaged in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Southern regions of the United States. The Company has two segments: wholesale distribution segment (Wholesale segment) and retail health food segment (Retail Segment).
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