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

StockNews.com assumed coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research report report published on Sunday morning. The brokerage issued a hold rating on the stock.

DAVIDsTEA Trading Up 42.7 %

Shares of NASDAQ DTEA opened at $0.61 on Friday. The company has a 50 day simple moving average of $0.30 and a two-hundred day simple moving average of $0.22. The stock has a market cap of $16.13 million, a price-to-earnings ratio of -2.02 and a beta of 2.66. DAVIDsTEA has a 12 month low of $0.42 and a 12 month high of $2.70.

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.