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

Embotelladora Andina S.A. (NYSE:AKO.B) crossed 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.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AKO.B. Wall Street Zen raised shares of Embotelladora Andina from a “hold” rating to a “strong-buy” rating in a research note on Saturday, May 2nd. Zacks Research raised shares of Embotelladora Andina to a “hold” rating in a research note on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Embotelladora Andina has an average rating of “Buy”.

Embotelladora Andina Trading Down 3.1%

The company has a market capitalization of $4.39 billion, a price-to-earnings ratio of 13.63 and a beta of 0.62. The stock’s fifty day simple moving average is $28.49 and its 200-day simple moving average is $28.56.

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