Embotelladora Andina (NYSE:AKO.A) Shares Gap Up – Should You Buy?

Shares of Embotelladora Andina S.A. (NYSE:AKO.A) gapped up before the market opened on Tuesday . The stock had previously closed at $20.29, but opened at $21.90. Embotelladora Andina shares last traded at $22.4150, with a volume of 289 shares.

Embotelladora Andina Stock Up 12.3%

The firm has a market cap of $3.59 billion, a PE ratio of 11.17 and a beta of 0.44. The stock has a 50 day moving average price of $23.17 and a two-hundred day moving average price of $23.43.

Embotelladora Andina (NYSE:AKO.A) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $999.00 earnings per share for the quarter. Embotelladora Andina had a return on equity of 24.47% and a net margin of 8.70%.The business had revenue of $1.04 billion for 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.