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

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AKO.B. Zacks Research raised Embotelladora Andina to a “hold” rating in a research note on Thursday, May 21st. Wall Street Zen raised shares of Embotelladora Andina from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Embotelladora Andina Price Performance

The firm has a 50-day simple moving average of $28.98 and a 200 day simple moving average of $28.78. The company has a market capitalization of $4.63 billion, a PE ratio of 14.47 and a beta of 0.62.

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

Embotelladora Andina 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.