Embotelladora Andina (NYSE:AKO.B) Shares Gap Down – Time to Sell?

Embotelladora Andina S.A. (NYSE:AKO.B – Get Free Report)’s stock price gapped down before the market opened on Monday. The stock had previously closed at $31.07, but opened at $28.89. Embotelladora Andina shares last traded at $28.5350, with a volume of 2,350 shares changing hands.

Embotelladora Andina Price Performance

The firm has a market capitalization of $4.57 billion, a P/E ratio of 14.07 and a beta of 0.58. The stock’s 50-day simple moving average is $29.84 and its two-hundred day simple moving average is $29.61.

Embotelladora Andina Company Profile

(Get Free Report)

Embotelladora Andina SA is a beverage company that manufactures, markets and distributes Coca-Cola products and other consumer beverages. Its portfolio includes carbonated soft drinks, bottled water, juices, sports drinks, energy drinks and other beverage categories, with products sold under The Coca-Cola Company’s brands as well as selected local and third-party brands.

The company operates as a Coca-Cola bottler in Chile, Argentina, Paraguay and portions of Brazil. Its activities include beverage production and packaging, sales and marketing, logistics, and distribution to supermarkets, convenience stores, restaurants, food-service operators and other retail customers.

Founded in 1946, Embotelladora Andina has expanded from its original Chilean operations into a broader South American bottling and distribution network.

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