Embotelladora Andina (NYSE:AKO.A) Shares Gap Up – Here’s What Happened

Embotelladora Andina S.A. (NYSE:AKO.A) shares gapped up prior to trading on Wednesday . The stock had previously closed at $23.46, but opened at $24.21. Embotelladora Andina shares last traded at $24.3950, with a volume of 2,015 shares.

Embotelladora Andina Trading Down 2.3%

The firm has a fifty day moving average of $23.13 and a two-hundred day moving average of $23.33. The company has a market capitalization of $3.79 billion, a PE ratio of 11.70 and a beta of 0.47.

Embotelladora Andina (NYSE:AKO.A) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.25 earnings per share for the quarter. The firm had revenue of $889.40 million during the quarter. Embotelladora Andina had a return on equity of 23.40% and a net margin of 8.46%.

Embotelladora Andina Company Profile

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.