Embotelladora Andina (NYSE:AKO.B) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Embotelladora Andina S.A. (NYSE:AKO.B) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $28.56 and traded as low as $27.01. Embotelladora Andina shares last traded at $27.80, with a volume of 3,296 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AKO.B. Zacks Research raised shares of Embotelladora Andina to a “hold” rating in a report 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 issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Embotelladora Andina Stock Down 3.1%

The firm has a market capitalization of $4.39 billion, a PE ratio of 13.63 and a beta of 0.62. The firm’s 50 day moving average price is $28.49 and its two-hundred day moving average price is $28.56.

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