DAVIDsTEA (NASDAQ:DTEA) Research Coverage Started at StockNews.com

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

DAVIDsTEA Stock Up 11.3 %

NASDAQ DTEA opened at $0.29 on Friday. DAVIDsTEA has a 52 week low of $0.42 and a 52 week high of $2.70. The company has a market capitalization of $7.81 million, a P/E ratio of -0.98 and a beta of 2.66. The stock’s 50-day moving average price is $0.24 and its 200-day moving average price is $0.19.

About DAVIDsTEA

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.