Stock Investors Bid Up Shares of SodaStream International, Up 1.8%

Published on Tue, 04/09/2013 - 12:25
By Mallory Stone in Market movers, SODA, market movers, nasdaq:soda, sodastream international

SodaStream International (NASDAQ:SODA) is one of today's notable stocks on the rise, up 1.8% to $50.47. The Dow Jones Industrial Average is now trading 0.4% higher to 14,666 and the S&P is trading 0.3% higher to 1,567.

SodaStream International Ltd. manufactures home beverage carbonation systems, which enable consumers to transform tap water into carbonated soft drinks and sparkling water. The Company develops, manufactures and sells soda makers and exchangeable carbon-dioxide (CO2) cylinders, as well as consumables, consisting of CO2 refills, reusable carbonation bottles, and flavors.

In the past 52 weeks, SodaStream International share prices have been bracketed by a low of $28.28 and a high of $53.99 and are now at $50.47, 78% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has risen 0.5%.

SodaStream International (NASDAQ:SODA) has potential upside of 12.9% based on a current price of $50.47 and analysts' consensus price target of $57.00. SodaStream International shares have support at the 50-day moving average (MA) of $49.31 and additional support at the 200-day MA of $42.06.

By Mallory Stone
mstone@fnno.com

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