DAVIDsTEA (NASDAQ:DTEA) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of DAVIDsTEA (NASDAQ:DTEAFree Report) in a research report released on Sunday. The firm issued a hold rating on the stock.

DAVIDsTEA Trading Up 3.9 %

Shares of NASDAQ:DTEA opened at $0.29 on Friday. The stock has a 50 day moving average of $0.32 and a 200 day moving average of $0.35. The company has a market cap of $7.71 million, a PE ratio of -0.97 and a beta of 2.66. DAVIDsTEA has a 12-month low of $0.42 and a 12-month high of $2.70.

About DAVIDsTEA

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DAVIDsTEA, Inc operates as a beverage company. It offers a selection of loose-leaf teas, pre packaged teas, tea sachets, and tea-related gifts, food, and accessories through its stores. The firm operates through the Canada and U.S. segments. The company was founded by Herschel H. Segal and David Segal on April 29, 2008 and is headquartered in Mount-Royal, Canada.

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