SodaStream International Stock Gaps Up On Today's Open (SODA)

NEW YORK ( TheStreet) -- Shares of SodaStream International (Nasdaq: SODA) were gapping up Wednesday morning with an open price 27.6% higher than Tuesday's closing price. The stock closed at $29.19 Tuesday and opened today's trading at $37.24.

The average volume for SodaStream International has been 1.3 million shares per day over the past 30 days. SodaStream International has a market cap of $598 million and is part of the consumer goods sector and food & beverage industry. Shares are down 10.7% year to date as of the close of trading on Tuesday.

SodaStream International Ltd. engages in the development, manufacture, and marketing of home beverage carbonation systems and related products. Its home beverage carbonation systems enable consumers to transform ordinary tap water into carbonated soft drinks and sparkling water. The company has a P/E ratio of 22.2, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates SodaStream International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full SodaStream International Ratings Report.

Get more investment ideas from our investment research center.