StockNews.com Begins Coverage on DAVIDsTEA (NASDAQ:DTEA)

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

DAVIDsTEA Price Performance

Shares of NASDAQ DTEA opened at $0.17 on Friday. DAVIDsTEA has a 12 month low of $0.42 and a 12 month high of $2.70. The business has a fifty day simple moving average of $0.26 and a 200-day simple moving average of $0.32. The company has a market cap of $4.57 million, a price-to-earnings ratio of -0.57 and a beta of 2.66.

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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