In trading on Tuesday, shares of AMCON Distributing Company (AMEX:DIT) crossed below their last reported book value — defined as common shareholder equity per share — of $62.57, changing hands as low as $62.37 per share. AMCON Distributing Company shares are currently trading off about 1% on the day. The chart below shows the one year performance of DIT shares, versus its 50 and 200 day moving averages:
Looking at the chart above, DIT's low point in its 52 week range is $56.00 per share, with $84.50 as the 52 week high point — that compares with a last trade of $62.37.
DIT operates in the Department Stores sector, among companies like Family Dollar Stores, Inc. (FDO) which is up about 0.6% today, and J.C. Penney Co.,Inc. (NYSE:JCP) trading lower by about 0.9%. Below is a three month price history chart comparing the stock performance of DIT, versus FDO and JCP.
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