SodaStream International Ltd. SODA was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company. The stock has gained 18.76% since Apr 15.
The company has seen 1 negative estimate revision in the last 7 days, while its Zacks Consensus Estimate also moved lower over the same time period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
SodaStream currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Some better-ranked stocks in the consumer goods sector include Hypermarcas S.A. (HYPMY), Summer Infant, Inc. SUMR and Vapor Corp. (VPCO). All these stocks hold a Zacks Rank #2 (Buy).
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