Embotelladora Andina (NYSE:AKO.A) Shares Gap Up – Should You Buy?

Embotelladora Andina S.A. (NYSE:AKO.A – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $23.40, but opened at $24.24. Embotelladora Andina shares last traded at $24.24, with a volume of 572 shares changing hands.

Embotelladora Andina Price Performance

The firm has a market cap of $3.80 billion, a PE ratio of 11.74 and a beta of 0.47. The stock has a 50-day moving average price of $23.58 and a 200 day moving average price of $23.25.

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

Embotelladora Andina Company Profile

(Get Free Report)

Embotelladora Andina SA is a Latin American beverage company and one of The Coca-Cola Company’s bottling partners. The company produces, markets, sells and distributes a broad portfolio of nonalcoholic beverages, including Coca-Cola, Sprite, Fanta and other carbonated soft drinks, as well as bottled water, juices, sports drinks, energy drinks and other ready-to-drink products.

Founded in Chile in 1946, Embotelladora Andina has expanded its operations beyond its home market through bottling territories and distribution activities in Argentina, Paraguay and Brazil.

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