Embotelladora Andina (NYSE:AKO.B) Shares Gap Up – Should You Buy?

Shares of Embotelladora Andina S.A. (NYSE:AKO.B) gapped up before the market opened on Friday . The stock had previously closed at $29.36, but opened at $31.99. Embotelladora Andina shares last traded at $30.30, with a volume of 470 shares traded.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Zacks Research upgraded Embotelladora Andina to a “hold” rating in a research report on Thursday, May 21st. Wall Street Zen upgraded Embotelladora Andina from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Embotelladora Andina Price Performance

The firm has a market cap of $4.72 billion, a price-to-earnings ratio of 14.65 and a beta of 0.61. The company has a fifty day moving average price of $28.16 and a two-hundred day moving average price of $28.50.

Embotelladora Andina (NYSE:AKO.B) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $999.00 earnings per share for the quarter. The business had revenue of $1.04 billion during the quarter. Embotelladora Andina had a return on equity of 24.47% and a net margin of 8.70%. On average, research analysts expect that Embotelladora Andina S.A. will post 2.14 earnings per share for the current fiscal year.

About Embotelladora Andina

Embotelladora Andina SA, together with its subsidiaries, produces, markets, and distributes Coca-Cola soft drinks in Chile, Brazil, Argentina, and Paraguay. It also offers fruit-flavored beverages, juices, sports and energy drinks, ice tea, and bottled water. Embotelladora Andina SA was founded in 1946 and is headquartered in Santiago, Chile.