Arca Continental, S.A.B. de C.V. (OTCMKTS:EMBVF – Get Free Report) shares dropped 1.2% on Friday . The stock traded as low as $10.78 and last traded at $10.8675. Approximately 2,578 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 7,512 shares. The stock had previously closed at $11.0050.
Wall Street Analyst Weigh In
Separately, Citigroup upgraded shares of Arca Continental to a “buy” rating in a research report on Tuesday, September 9th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.
Check Out Our Latest Report on EMBVF
Arca Continental Stock Down 1.2%
Arca Continental Company Profile
Arca Continental, established in 2001 through the merger of three Mexican Coca-Cola bottlers, is one of the world’s largest franchise bottlers affiliated with The Coca-Cola Company. Headquartered in Monterrey, Mexico, the company ranks among the top three Coca-Cola bottlers globally by volume and is publicly listed on the Mexican Stock Exchange, trading over-the-counter in the United States under the symbol EMBVF.
The company’s core operations encompass the production, bottling and distribution of a broad portfolio of ready-to-drink beverages.
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