Embotelladora Andina (NYSE:AKO.A) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Embotelladora Andina S.A. (NYSE:AKO.A) shares crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $23.94 and traded as high as $24.46. Embotelladora Andina shares last traded at $24.4650, with a volume of 5,248 shares changing hands.

Embotelladora Andina Trading Up 2.4%

The stock has a market cap of $3.86 billion, a PE ratio of 11.71 and a beta of 0.47. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.11 and a current ratio of 1.61. The stock has a fifty day moving average price of $23.94 and a 200 day moving average price of $23.59.

About Embotelladora Andina

Embotelladora Andina SA, also known as Coca-Cola Andina, is a beverage bottling and distribution company headquartered in Santiago, Chile. The company produces, markets and distributes products under The Coca-Cola Company’s brands, including Coca-Cola, Sprite, Fanta, Powerade and Dasani, along with other nonalcoholic beverages and locally marketed products.

The company serves consumers through operations in Chile, Argentina, Paraguay and parts of Brazil. Its activities include beverage manufacturing, packaging, logistics, sales and distribution to supermarkets, convenience stores, restaurants, food-service businesses and other retail customers.

Embotelladora Andina has a long history in the South American beverage industry and has operated as a Coca-Cola bottler for decades.