Embotelladora Andina (NYSE:AKO.A) Shares Down 8.6% – Should You Sell?

Embotelladora Andina S.A. (NYSE:AKO.A)’s share price fell 8.6% during trading on Thursday. The company traded as low as $23.53 and last traded at $23.7250. Approximately 174 shares were traded during trading, a decline of 87% from the average daily volume of 1,312 shares. The stock had previously closed at $25.97.

Embotelladora Andina Price Performance

The firm has a 50 day simple moving average of $23.76 and a 200-day simple moving average of $23.26. The company has a market cap of $3.76 billion, a price-to-earnings ratio of 11.64 and a beta of 0.44.

Embotelladora Andina (NYSE:AKO.A) last posted its earnings results on Tuesday, July 28th. The company reported $0.25 EPS for the quarter. Embotelladora Andina had a net margin of 8.46% and a return on equity of 23.40%. The company had revenue of $889.40 million for the quarter.

Embotelladora Andina Company Profile

Embotelladora Andina SA is a South American beverage company and one of The Coca-Cola Company’s bottling partners. The company produces, distributes and sells a range of nonalcoholic beverages, including Coca-Cola products, carbonated soft drinks, bottled water, juices, sports drinks and energy drinks.

Headquartered in Santiago, Chile, Embotelladora Andina operates bottling and distribution activities in Chile, Argentina, Paraguay and parts of Brazil. Its business serves retail stores, supermarkets, restaurants, food-service operators and other commercial customers through an extensive regional distribution network.

The company traces its origins to Chile and has expanded over time through the development and acquisition of Coca-Cola bottling territories in South America.