Embotelladora Andina (NYSE:AKO.A) Sees Large Volume Increase – What’s Next?

Embotelladora Andina S.A. (NYSE:AKO.A) saw strong trading volume on Tuesday. Approximately 3,991 shares changed hands during trading, an increase of 221% from the average daily volume of 1,245 shares. The stock last traded at $24.4350 and had previously closed at $24.20.

Embotelladora Andina Stock Down 3.0%

The business has a 50-day simple moving average of $23.95 and a 200-day simple moving average of $23.60. 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 company has a market cap of $3.83 billion, a price-to-earnings ratio of 11.60 and a beta of 0.47.

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.