Stock Investors Sell Off Shares of SodaStream International, Down 2.2%

Published on Fri, 07/24/2015 - 12:35
By Robert Cotter in Market movers, SODA, market movers, nasdaq:soda, sodastream international

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%.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Possible Bearish Inside Day Candle Patte...

Analyzing the price chart for FedEx (NYSE:FDX) has revealed a potential bearish inside ...

Shares of FormFactor Rank the Highest in...

Here are the top 5 stocks in the Semiconductor Equipment industry ranked by performance ...

Tanger Factory Outlet Centers has Relati...

Analysis was conducted on the Retail REITs industry to measure relative performance to ...

Possible Bearish Inside Day Candle Patte...

Analyzing the price chart for Dover (NYSE:DOV) has revealed a potential bearish inside ...

Shares of Buffalo Wild Wings Rank the Hi...

Below are the top five companies in the Restaurants industry as measured by relative pe ...

Campus Crest Communities had the Lowest ...

Below are five companies in the Residential REITs industry that underperformed yesterda ...

Possible Bearish Inside Day Candle Patte...

Analyzing the price chart for Redwood Trust (NYSE:RWT) has revealed a potential bearis ...

Mid-America Apartment Communities is Amo...

Here are the top 5 stocks in the Residential REITs industry ranked by performance. We ...