NEW YORK (TheStreet) -- SodaStream International (SODA) shares are up 1.4% to $31.91 on Tuesday following reports that the company was in talks to sell itself for $40 per share, sources told the Israeli newspaper TheMarker.
The $40 per share purchase price values the beverage carbonation systems manufacturer at about $830 million.
SodaStream went public in 2010 at $20 per share before reaching an all time high of $78 per share in 2011.
Watch the video below for more on SodaStream's possible sale:
TheStreet Ratings team rates SODASTREAM INTERNATIONAL LTD as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate SODASTREAM INTERNATIONAL LTD (SODA) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. 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, feeble growth in the company's earnings per share and deteriorating net income."