One of today's stocks on the move is SodaStream International (NASDAQ:SODA), down 3.3% to $18.15. The S&P is currently trading 0.4% lower to 2,094 and the Dow Jones Industrial Average is trading 0.4% lower to 17,654.
SodaStream International (NASDAQ:SODA) has potential upside of 19.0% based on a current price of $18.15 and analysts' consensus price target of $21.60. The stock should run into initial resistance at its 200-day moving average (MA) of $20.41 and subsequent resistance at its 50-day MA of $21.24.
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.
Over the past year, SodaStream International has traded in a range of $16.80 to $36.53 and is now at $18.15, 8% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 1%.