Embotelladora Andina (NYSE:AKO.B) Stock Crosses Above 50-Day Moving Average – Here’s Why
by Renee Jackson · The Cerbat GemEmbotelladora Andina S.A. (NYSE:AKO.B – Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $28.90 and traded as high as $29.13. Embotelladora Andina shares last traded at $29.4980, with a volume of 3,339 shares.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on AKO.B shares. Wall Street Zen raised shares of Embotelladora Andina from a “hold” rating to a “strong-buy” rating in a report on Saturday, May 2nd. Zacks Research upgraded Embotelladora Andina to a “hold” rating in a research report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.
Read Our Latest Report on AKO.B
Embotelladora Andina Price Performance
The firm has a market capitalization of $4.80 billion, a PE ratio of 14.93 and a beta of 0.63. The company has a 50-day moving average price of $28.95 and a 200-day moving average price of $28.95.
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.