DAVIDsTEA (NASDAQ:DTEA) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note released on Sunday. The firm issued a hold rating on the stock.

DAVIDsTEA Price Performance

Shares of DTEA opened at $0.26 on Friday. The firm’s 50 day moving average is $0.24 and its 200-day moving average is $0.19. DAVIDsTEA has a 12-month low of $0.42 and a 12-month high of $2.70. The stock has a market capitalization of $6.99 million, a P/E ratio of -0.88 and a beta of 2.66.

DAVIDsTEA Company Profile

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.