Embotelladora Andina SA ADR Series B (AKO.B) stock has risen 4.20% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With AKO.B Stock Today?
Embotelladora Andina SA ADR Series B (AKO.B) stock is trading at $12.64 as of 11:36 AM on Friday, Oct 23, a decline of -$0.36, or -2.77% from the previous closing price of $13.00. Volume today is more active than usual. So far 60,165 shares have traded compared to average volume of 4,200 shares. The stock has traded between $12.64 and $12.65 so far today.
More About Embotelladora Andina SA ADR Series B
Embotelladora Andina SA is a Coca-Cola bottler in Latin America that produces carbonated soft drinks, water, fruit juices, energy drinks, and sports drinks that it sells under various Coca-Cola brands. Its geographic segment includes Chile, Brazil, Argentina and Paraguay. The company also sells non-Coca-Cola branded teas, juices, beers, and spirits. Geographically it generates a majority of its revenue from the Argentina Operations.