Embotelladora Andina (NYSE:AKO.A) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Embotelladora Andina S.A. (NYSE:AKO.A) passed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $23.59 and traded as low as $23.18. Embotelladora Andina shares last traded at $23.5260, with a volume of 1,780 shares.

Embotelladora Andina Price Performance

The firm has a market capitalization of $3.71 billion, a PE ratio of 11.48 and a beta of 0.44. The company has a 50-day moving average price of $23.95 and a 200 day moving average price of $23.59.

Embotelladora Andina (NYSE:AKO.A) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.25 earnings per share (EPS) for the quarter. The business had revenue of $889.40 million during the quarter. Embotelladora Andina had a net margin of 8.46% and a return on equity of 23.40%.

Embotelladora Andina Company Profile

Embotelladora Andina SA, also known as Coca-Cola Andina, is a beverage bottling and distribution company headquartered in Santiago, Chile. The company produces, markets and distributes products under The Coca-Cola Company’s brands, including Coca-Cola, Sprite, Fanta, Powerade and Dasani, along with other nonalcoholic beverages and locally marketed products.

The company serves consumers through operations in Chile, Argentina, Paraguay and parts of Brazil. Its activities include beverage manufacturing, packaging, logistics, sales and distribution to supermarkets, convenience stores, restaurants, food-service businesses and other retail customers.

Embotelladora Andina has a long history in the South American beverage industry and has operated as a Coca-Cola bottler for decades.