Sunday, July 31, 2011
In the Zone
$SODA - Soda Stream International, Ltd.
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 offers a range of soda makers; exchangeable carbon-dioxide (CO2) cylinders; beverage-grade CO2 refills; reusable carbonation bottles; and various flavors comprising fruit, carbonated soft drink, and enhanced flavors to add to the carbonated water. It also sells additional accessories for its products, including bottle cleaning materials and ice cube trays manufactured by third parties.
The company sells its products under the SodaStream and Soda-Club brand names through approximately 40,000 retail stores in 41 countries, as well as through the Internet; and distributes its products directly in 12 countries and indirectly through local distributors in other markets. It operates in Europe, North and Central America, Israel, South Africa, Australia, New Zealand, and east Asia.
The company was formerly known as Soda-Club Holdings Ltd. and changed its name to SodaStream International Ltd. in March 2010. SodaStream International Ltd. is headquartered in Tel Aviv, Israel.
Please keep (SODA) Soda Stream International on your watch list for a breakout in price above $79.75 - $79.80 on heavier than average daily trading volume of 1.34 million.
The company ended the week trading at $73.35 up $4.67 for the week or 6.80% on heavier than average volume of 6.18 million. The average weekly trading volume for Soda Stream International is 5.66 million. This stock is not a buy recommendation please do your own due diligence or get help from a professional before trading.
By: Marlin Rolle
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