Santander upgraded shares of Embotelladora Andina SA ADR Series B (NYSE:AKO.B) from a hold rating to a buy rating in a report issued on Wednesday, April 3rd, The Fly reports.
Shares of AKO.B stock traded down $0.06 on Wednesday, reaching $21.44. The stock had a trading volume of 4,100 shares, compared to its average volume of 8,556. The company has a market cap of $3.41 billion, a P/E ratio of 20.61 and a beta of -0.13. Embotelladora Andina SA ADR Series B has a 1 year low of $19.63 and a 1 year high of $30.98.
Embotelladora Andina SA ADR Series B (NYSE:AKO.B) last announced its earnings results on Thursday, February 28th. The company reported $0.36 EPS for the quarter. Embotelladora Andina SA ADR Series B had a return on equity of 12.77% and a net margin of 6.33%. The company had revenue of $703.70 million for the quarter.
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 juices, ready-to-drink tea, other fruit-flavored beverages, and mineral and purified water; and flavored waters and other carbonated beverages.
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