Zacks Investment Research upgraded shares of Embotelladora Andina SA ADR Series B (NYSE:AKO.B) from a strong sell rating to a hold rating in a report released on Wednesday morning, Zacks.com reports.

According to Zacks, “Embotelladora Andina S.A. produces and distributes Coca-Cola products in Chile, Brazil and Argentina. Through subsidiaries, they also produce PET packaging, produce and distribute juices and mineral water, and process and distribute agricultural products, including canned fruits and tomato products. “

Separately, ValuEngine raised Embotelladora Andina SA ADR Series B from a sell rating to a hold rating in a research note on Wednesday, October 2nd.

Embotelladora Andina SA ADR Series B stock traded up $1.74 during mid-day trading on Wednesday, reaching $15.66. The stock had a trading volume of 93,848 shares, compared to its average volume of 9,568. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.82 and a current ratio of 1.27. Embotelladora Andina SA ADR Series B has a fifty-two week low of $13.85 and a fifty-two week high of $24.25. The stock’s 50-day simple moving average is $18.36 and its 200-day simple moving average is $19.81. The firm has a market capitalization of $2.20 billion, a PE ratio of 11.90 and a beta of 0.07.

Embotelladora Andina SA ADR Series B 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.

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