Embotelladora Andina (NYSE:AKO.B) Shares Gap Up – Time to Buy?

Embotelladora Andina S.A. (NYSE:AKO.B – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $29.73, but opened at $30.37. Embotelladora Andina shares last traded at $29.9350, with a volume of 410 shares.

Embotelladora Andina Price Performance

The firm has a market capitalization of $4.73 billion, a P/E ratio of 14.64 and a beta of 0.58. The company’s 50 day moving average price is $30.19 and its 200 day moving average price is $29.29.

Embotelladora Andina Company Profile

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Embotelladora Andina SA is a beverage company headquartered in Chile and one of The Coca-Cola Company’s bottling partners in South America. The company produces, sells and distributes a broad portfolio of nonalcoholic beverages, including Coca-Cola, Sprite, Fanta, Powerade and other sparkling, still, water and sports-drink products under locally marketed brands.

Through its bottling operations, Embotelladora Andina serves customers across Chile, Argentina, Paraguay and parts of southern Brazil.

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