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

Shares of Embotelladora Andina S.A. (NYSE:AKO.AGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $21.49, but opened at $22.85. Embotelladora Andina shares last traded at $22.3140, with a volume of 392 shares trading hands.

Embotelladora Andina Stock Performance

The company has a 50 day moving average of $22.90 and a 200-day moving average of $23.51. The stock has a market cap of $3.52 billion, a price-to-earnings ratio of 10.92 and a beta of 0.46.

Embotelladora Andina (NYSE:AKO.AGet Free Report) last released its earnings results on Tuesday, April 28th. The company reported $999.00 earnings per share for the quarter. The company had revenue of $1.04 billion during the quarter. Embotelladora Andina had a return on equity of 24.47% and a net margin of 8.70%.

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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