Blyth (NYSE: BTH) was upgraded by research analysts at TheStreet to a “buy” rating in a report issued on Monday.
Blyth, Inc. is a multi-channel operating primarily in the home fragrance and decorative accessories industry. It designs, markets and distributes an array of decorative and functional household products, including candles, accessories, seasonal decorations, household convenience items and personalized gifts. It also markets chafing fuel and other products for the foodservice trade, coffee and tea, nutritional supplements and weight management products. Its distribution channels include direct sales, catalog, Internet and wholesale. Sales and operations take place primarily in the United States, Canada and Europe, with additional activity in Mexico, Australia and the Far East. The Company has three segments: Direct Selling segment, the Catalog & Internet segment and the Wholesale segment.
Shares of Blyth traded down 2.05% during mid-day trading on Monday, hitting $63.62. Blyth has a one year low of $30.28 and a one year high of $71.16. The stock’s 50-day moving average is $59.06 and its 200-day moving average is $59.65. The company has a market cap of $522.8 million and a P/E ratio of 43.21.