Embotelladora Andina (NYSE:AKO.B) Shares Up 5.4% – What’s Next?

Embotelladora Andina S.A. (NYSE:AKO.B) shares rose 5.4% during mid-day trading on Friday. The company traded as high as $27.60 and last traded at $28.56. 2,358 shares traded hands during trading, a decline of 79% from the average daily volume of 11,337 shares. The stock had previously closed at $27.10.

Embotelladora Andina Stock Up 5.7%

The stock has a market cap of $4.52 billion, a PE ratio of 13.71 and a beta of 0.63. The firm has a 50 day moving average price of $29.44 and a 200 day moving average price of $29.35.

Embotelladora Andina (NYSE:AKO.B) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.03. Embotelladora Andina had a return on equity of 22.29% and a net margin of 8.34%. The firm had revenue of $960.89 million during the quarter, compared to the consensus estimate of $945.76 million. Equities analysts forecast that Embotelladora Andina S.A. will post 2.11 earnings per share for the current year.

About Embotelladora Andina

Embotelladora Andina S.A., also known as Coca-Cola Andina, produces, bottles, markets and distributes beverages under an agreement with The Coca-Cola Company. Its portfolio includes Coca-Cola brands such as Coca-Cola, Fanta and Sprite, along with other beverage categories including water, juices and sports drinks. The company serves customers in Chile, Argentina, Brazil and Paraguay. Its operations include manufacturing and distribution, supplying retailers and other customers across these markets.