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

Shares of Embotelladora Andina S.A. (NYSE:AKO.AGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $24.11, but opened at $23.46. Embotelladora Andina shares last traded at $23.46, with a volume of 550 shares trading hands.

Embotelladora Andina Price Performance

The firm’s 50 day moving average is $23.02 and its 200 day moving average is $23.38. The company has a market cap of $3.70 billion, a PE ratio of 11.44 and a beta of 0.47.

Embotelladora Andina (NYSE:AKO.AGet Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $0.04 earnings per share for the quarter. Embotelladora Andina had a net margin of 8.46% and a return on equity of 23.40%. The business had revenue of $889.40 million for the quarter.

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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