Helius Medical Technologies (OTCMKTS:HSDT) was upgraded by stock analysts at BTIG Research from a “neutral” rating to a “buy” rating in a research report issued on Tuesday.

Helius Medical Technologies stock opened at $8.00 on Tuesday. Helius Medical Technologies has a 1-year low of $7.15 and a 1-year high of $13.20.

Helius Medical Technologies (OTCMKTS:HSDT) last posted its quarterly earnings results on Thursday, November 8th. The company reported ($0.19) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.23) by $0.04.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CIBC World Markets Inc. acquired a new stake in Helius Medical Technologies during the third quarter worth about $101,000. BlackRock Inc. increased its stake in Helius Medical Technologies by 9.4% during the third quarter. BlackRock Inc. now owns 803,164 shares of the company’s stock worth $7,862,000 after acquiring an additional 68,757 shares during the last quarter. Northern Trust Corp acquired a new stake in Helius Medical Technologies during the second quarter worth about $344,000. Bank of New York Mellon Corp acquired a new stake in Helius Medical Technologies during the second quarter worth about $397,000. Finally, Schwab Charles Investment Management Inc. acquired a new stake in Helius Medical Technologies during the second quarter worth about $291,000.

Helius Medical Technologies Company Profile

Helius Medical Technologies, Inc is a medical technology company focused on neurological wellness. The Company focuses on developing, licensing or acquiring non-invasive platform technologies that amplify the brain’s ability to heal itself. The Company is engaged in the development of its product, the portable neuromodulation stimulator (PoNS) device.

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