Embotelladora Andina (NYSE:AKO.A) Shares Gap Down - Should You Sell?

Key Points

• Shares gapped down from $24.00 to an open of $22.96 and were last trading around $23.17, down about 1.1% on very light volume (125 shares).
• The company reported $0.70 EPS for the quarter with revenue of $1.04 billion, a return on equity of 24.42% and a net margin of 8.16%.
• Market cap $3.74 billion with a P/E of 12.83 and beta 0.44; the 50‑day/200‑day moving averages are $24.05 and $22.71, and the firm bottles Coca‑Cola and other beverages across several Latin American countries.

Shares of Embotelladora Andina S.A. (NYSE:AKO.A - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $24.00, but opened at $22.96. Embotelladora Andina shares last traded at $23.1720, with a volume of 125 shares trading hands.

Embotelladora Andina Trading Down 1.1%

The company has a 50 day moving average price of $24.05 and a 200 day moving average price of $22.71. The company has a market capitalization of $3.74 billion, a P/E ratio of 12.83 and a beta of 0.44.

Embotelladora Andina (NYSE:AKO.A - Get Free Report) last issued its earnings results on Tuesday, January 27th. The company reported $0.70 EPS for the quarter. Embotelladora Andina had a return on equity of 24.42% and a net margin of 8.16%.The company had revenue of $1.04 billion during the quarter.

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.

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