Embotelladora Andina (NYSE:AKO.B) Stock Price Breaks Below Two Hundred Day Moving Average – What’s Next?

Embotelladora Andina S.A. (NYSE:AKO.B – Get Free Report) crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $29.59 and traded as low as $28.91. Embotelladora Andina shares last traded at $30.1440, with a volume of 1,788 shares trading hands.

Embotelladora Andina Price Performance

The stock has a market capitalization of $4.76 billion, a P/E ratio of 14.70 and a beta of 0.58. The stock has a 50 day moving average price of $29.84 and a 200-day moving average price of $29.59.

Embotelladora Andina Company Profile

(Get Free Report)

Embotelladora Andina SA is a beverage company that manufactures, markets and distributes Coca-Cola products and other consumer beverages. Its portfolio includes carbonated soft drinks, bottled water, juices, sports drinks, energy drinks and other beverage categories, with products sold under The Coca-Cola Company’s brands as well as selected local and third-party brands.

The company operates as a Coca-Cola bottler in Chile, Argentina, Paraguay and portions of Brazil. Its activities include beverage production and packaging, sales and marketing, logistics, and distribution to supermarkets, convenience stores, restaurants, food-service operators and other retail customers.

Founded in 1946, Embotelladora Andina has expanded from its original Chilean operations into a broader South American bottling and distribution network.

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