Embotelladora Andina (NYSE:AKO.A) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Embotelladora Andina S.A. (NYSE:AKO.A) saw unusually-high trading volume on Tuesday. Approximately 3,991 shares were traded 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 Performance

The company has a 50-day moving average price of $23.93 and a two-hundred day moving average price of $23.59. The company has a market capitalization of $3.86 billion, a PE ratio of 11.71 and a beta of 0.44. The company has a quick ratio of 1.08, a current ratio of 1.61 and a debt-to-equity ratio of 0.87.

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.