Embotelladora Andina (NYSE:AKO.A) Shares Gap Up – Here’s Why

Shares of Embotelladora Andina S.A. (NYSE:AKO.AGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $23.46, but opened at $24.21. Embotelladora Andina shares last traded at $24.3950, with a volume of 2,015 shares trading hands.

Embotelladora Andina Stock Up 0.1%

The firm has a market capitalization of $3.85 billion, a PE ratio of 11.92 and a beta of 0.47. The firm’s fifty day simple moving average is $23.09 and its 200-day simple moving average is $23.34.

Embotelladora Andina (NYSE:AKO.AGet Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.25 EPS for the quarter. The firm had revenue of $889.40 million for the quarter. Embotelladora Andina had a net margin of 8.46% and a return on equity of 23.40%.

Embotelladora Andina Company Profile

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Embotelladora Andina SA, together with its subsidiaries, produces, markets, and distributes Coca-Cola soft drinks in Chile, Brazil, Argentina, and Paraguay. It also offers fruit-flavored beverages, juices, sports and energy drinks, ice tea, and bottled water. Embotelladora Andina SA was founded in 1946 and is headquartered in Santiago, Chile.

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