Embotelladora Andina (NYSE:AKO.B) Stock Price Down 5.8% – Here’s What Happened

Shares of Embotelladora Andina S.A. (NYSE:AKO.B – Get Free Report) traded down 5.8% on Thursday. The stock traded as low as $30.48 and last traded at $29.66. Approximately 415 shares traded hands during trading, a decline of 97% from the average daily volume of 12,149 shares. The stock had previously closed at $31.50.

Embotelladora Andina Stock Performance

The firm has a 50-day moving average of $30.19 and a 200-day moving average of $29.34. The firm has a market capitalization of $4.67 billion, a P/E ratio of 14.44 and a beta of 0.58.

Embotelladora Andina Company Profile

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Embotelladora Andina SA is a beverage company headquartered in Chile and one of The Coca-Cola Company’s bottling partners in South America. The company produces, sells and distributes a broad portfolio of nonalcoholic beverages, including Coca-Cola, Sprite, Fanta, Powerade and other sparkling, still, water and sports-drink products under locally marketed brands.

Through its bottling operations, Embotelladora Andina serves customers across Chile, Argentina, Paraguay and parts of southern Brazil.

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