Embotelladora Andina (NYSE:AKO.B) Shares Gap Down – Time to Sell?

Embotelladora Andina S.A. (NYSE:AKO.B) gapped down before the market opened on Monday . The stock had previously closed at $28.68, but opened at $27.00. Embotelladora Andina shares last traded at $26.9290, with a volume of 1,058 shares.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on AKO.B shares. Wall Street Zen raised shares of Embotelladora Andina from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 2nd. Zacks Research raised shares of Embotelladora Andina to a “hold” rating in a research note on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Embotelladora Andina Price Performance

The company has a market cap of $4.21 billion, a price-to-earnings ratio of 13.07 and a beta of 0.62. The business’s fifty day moving average price is $28.49 and its 200 day moving average price is $28.56.

Embotelladora Andina (NYSE:AKO.B) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $999.00 EPS for the quarter. The company had revenue of $1.04 billion for the quarter. Embotelladora Andina had a net margin of 8.70% and a return on equity of 24.47%. As a group, equities research analysts anticipate that Embotelladora Andina S.A. will post 2.14 EPS for the current 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.