Embotelladora Andina (NYSE:AKO.A) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Embotelladora Andina S.A. (NYSE:AKO.A) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $23.50 and traded as low as $22.50. Embotelladora Andina shares last traded at $23.35, with a volume of 344 shares.

Embotelladora Andina Stock Down 3.7%

The company has a market cap of $3.45 billion, a P/E ratio of 10.71 and a beta of 0.44. The stock has a 50 day moving average price of $23.03 and a two-hundred day moving average price of $23.50.

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

About Embotelladora Andina

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.