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

Shares of Embotelladora Andina S.A. (NYSE:AKO.A – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $25.97, but opened at $24.50. Embotelladora Andina shares last traded at $24.0010, with a volume of 162 shares traded.

Embotelladora Andina Stock Performance

The company’s 50 day simple moving average is $23.69 and its 200 day simple moving average is $23.26. The stock has a market cap of $3.79 billion, a PE ratio of 11.71 and a beta of 0.47.

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

About Embotelladora Andina

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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.

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