Embotelladora Andina (NYSE:AKO.B) Shares Gap Down – What’s Next?

Embotelladora Andina S.A. (NYSE:AKO.B)’s share price gapped down before the market opened on Monday . The stock had previously closed at $28.68, but opened at $27.00. Embotelladora Andina shares last traded at $26.9290, with a volume of 1,058 shares traded.

Wall Street Analysts Forecast Growth

AKO.B has been the subject of a number of recent analyst reports. Wall Street Zen raised shares of Embotelladora Andina from a “hold” rating to a “strong-buy” rating in a report on Saturday, May 2nd. Zacks Research raised shares of Embotelladora Andina to a “hold” rating in a report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Embotelladora Andina currently has a consensus rating of “Buy”.

Embotelladora Andina Trading Up 0.2%

The company has a 50 day moving average price of $28.54 and a 200-day moving average price of $28.56. The company has a market cap of $4.20 billion, a P/E ratio of 13.04 and a beta of 0.62.

Embotelladora Andina (NYSE:AKO.B) last posted its earnings results on Tuesday, April 28th. The company reported $999.00 EPS for the quarter. The firm had revenue of $1.04 billion during the quarter. Embotelladora Andina had a net margin of 8.70% and a return on equity of 24.47%. Equities analysts expect that Embotelladora Andina S.A. will post 2.14 earnings per share 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.