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

Shares of Embotelladora Andina S.A. (NYSE:AKO.AGet Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $23.40, but opened at $24.50. Embotelladora Andina shares last traded at $23.95, with a volume of 534 shares traded.

Embotelladora Andina Stock Down 2.6%

The company has a market cap of $3.76 billion, a PE ratio of 11.64 and a beta of 0.47. The stock has a 50-day simple moving average of $23.29 and a 200 day simple moving average of $23.30.

Embotelladora Andina (NYSE:AKO.AGet Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.25 EPS for the quarter. The business had revenue of $889.40 million for the quarter. Embotelladora Andina had a return on equity of 23.40% and a net margin of 8.46%.

About Embotelladora Andina

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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.

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