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

Embotelladora Andina S.A. (NYSE:AKO.B) shares gapped up prior to trading on Friday . The stock had previously closed at $26.80, but opened at $29.76. Embotelladora Andina shares last traded at $28.58, with a volume of 5,638 shares.

Analyst Ratings Changes

AKO.B has been the topic of several analyst reports. Zacks Research raised shares of Embotelladora Andina to a “hold” rating in a research note on Thursday, May 21st. 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. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Embotelladora Andina Price Performance

The firm’s 50 day moving average is $28.71 and its 200 day moving average is $28.58. The company has a market capitalization of $4.58 billion, a PE ratio of 14.23 and a beta of 0.62.

Embotelladora Andina (NYSE:AKO.B) last issued its earnings results on Tuesday, April 28th. The company reported $999.00 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. As a group, analysts predict 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.