Embotelladora Andina (NYSE:AKO.B) Stock Price Down 5.5% – Time to Sell?

Shares of Embotelladora Andina S.A. (NYSE:AKO.B) fell 5.5% during mid-day trading on Tuesday . The company traded as low as $29.80 and last traded at $29.49. Approximately 2,644 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 14,101 shares. The stock had previously closed at $31.21.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Zacks Research upgraded Embotelladora Andina to a “hold” rating in a research report on Thursday, May 21st. Wall Street Zen raised Embotelladora Andina from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Embotelladora Andina currently has a consensus rating of “Buy”.

Embotelladora Andina Stock Up 0.4%

The firm has a market capitalization of $4.62 billion, a PE ratio of 14.35 and a beta of 0.63. The stock’s fifty day simple moving average is $28.95 and its 200 day simple moving average is $28.82.

Embotelladora Andina (NYSE:AKO.B) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $999.00 earnings per share for the quarter. Embotelladora Andina had a net margin of 8.70% and a return on equity of 24.47%. The business had revenue of $1.04 billion for the quarter. On average, analysts predict 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.