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

Embotelladora Andina S.A. (NYSE:AKO.A)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $23.25 and traded as low as $23.00. Embotelladora Andina shares last traded at $24.1550, with a volume of 1,458 shares trading hands.

Embotelladora Andina Stock Up 4.1%

The business’s fifty day simple moving average is $23.53 and its two-hundred day simple moving average is $23.25. The company has a market cap of $3.81 billion, a price-to-earnings ratio of 11.78 and a beta of 0.47.

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

Embotelladora Andina Company Profile

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.