Embotelladora Andina (NYSE:AKO.B) Shares Gap Down – What’s Next?

Embotelladora Andina S.A. (NYSE:AKO.B)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $31.21, but opened at $29.25. Embotelladora Andina shares last traded at $30.0030, with a volume of 752 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Zacks Research upgraded shares of Embotelladora Andina to a “hold” rating in a research note on Thursday, May 21st. Wall Street Zen upgraded Embotelladora Andina from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Embotelladora Andina Stock Up 0.9%

The company has a fifty day moving average of $28.97 and a two-hundred day moving average of $28.80. The stock has a market capitalization of $4.64 billion, a price-to-earnings ratio of 14.43 and a beta of 0.62.

Embotelladora Andina (NYSE:AKO.B) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $999.00 earnings per share (EPS) for the quarter. The company had revenue of $1.04 billion for the quarter. Embotelladora Andina had a net margin of 8.70% and a return on equity of 24.47%. Equities analysts anticipate that Embotelladora Andina S.A. will post 2.14 earnings per share for the current fiscal year.

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.