Embotelladora Andina (NYSE:AKO.B) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Embotelladora Andina S.A. (NYSE:AKO.BGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $29.00 and traded as low as $29.00. Embotelladora Andina shares last traded at $29.5350, with a volume of 2,466 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Embotelladora Andina to a “hold” rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy”.

Check Out Our Latest Analysis on AKO.B

Embotelladora Andina Price Performance

The firm has a market capitalization of $4.61 billion, a PE ratio of 14.24 and a beta of 0.62. The company has a 50-day moving average price of $30.21 and a 200 day moving average price of $28.99.

Embotelladora Andina Company Profile

(Get Free Report)

Embotelladora Andina SA is a beverage company headquartered in Chile and one of the Coca-Cola system’s bottlers in South America. The company produces, packages, sells and distributes Coca-Cola beverages and other nonalcoholic drinks across its operating territories.

Its portfolio includes carbonated soft drinks, bottled water, juices, sports drinks and energy beverages, including products sold under The Coca-Cola Company’s brands as well as selected locally managed or licensed brands.

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