NEW YORK (TheStreet) -- SodaStream International (SODA) - Get Report  shares are soaring 10.14% to $21.50 in Tuesday's pre-market trading session after the maker of home carbonation products announced the release of its new home beer system. 

"We are excited to launch a brand dedicated to serving the global growing trend of home crafted beer," said CEO Daniel Birnbaum. "Our core carbonation technology and distribution infrastructure provide a great platform for us to extend our business into this emerging category, and we choose to do so with a dedicated beer brand."

Called the Beer Bar, the new product allows users to quickly make home-crafted beer using sparkling water and a beer concentrate. 

It is currently available in SodaStream Germany's online store and at retailers in Switzerland. Other markets are projected to roll out the Beer Bar in late 2016 and 2017, the company noted.

Separately, TheStreet Ratings currently has a "Hold" rating on the stock with a letter grade of C.

The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.

You can view the full analysis from the report here: SODA

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