SodaStream International Ltd. (SODA) Sees Unusually-High Trading Volume
Shares of SodaStream International Ltd. (NASDAQ:SODA) saw unusually-high trading volume on Friday . Approximately 483,150 shares changed hands during trading, an increase of 15% from the previous session’s volume of 419,765 shares.The stock last traded at $23.76 and had previously closed at $23.63.
SODA has been the topic of several recent analyst reports. Zacks Investment Research cut SodaStream International from a “hold” rating to a “sell” rating in a report on Wednesday, April 20th. Susquehanna reiterated a “neutral” rating on shares of SodaStream International in a report on Tuesday, June 21st. Jefferies Group lifted their price objective on SodaStream International from $15.00 to $17.00 and gave the company a “hold” rating in a report on Thursday, May 12th. Finally, Roth Capital reiterated a “buy” rating on shares of SodaStream International in a report on Thursday, May 12th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $19.71.
The company has a market cap of $501.34 million and a P/E ratio of 41.61. The stock has a 50 day moving average price of $21.69 and a 200 day moving average price of $16.43.
SodaStream International (NASDAQ:SODA) last released its earnings results on Tuesday, May 10th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.11 by $0.18. The business had revenue of $100.90 million for the quarter, compared to analyst estimates of $89.42 million. During the same period in the prior year, the business earned $0.40 EPS. The company’s revenue for the quarter was up 11.7% on a year-over-year basis. On average, equities analysts forecast that SodaStream International Ltd. will post $0.92 earnings per share for the current year.
SodaStream International Ltd. (SodaStream) is a sparkling water company. The Company manufactures, distributes and sells home beverage carbonation systems, which enable consumers to transform ordinary tap water into sparkling water and flavored sparkling water. The Company’s segments include The Americas, Western Europe, Asia-Pacific, and Central and Eastern Europe, Middle East and Africa (CEMEA).
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