DAVIDsTEA (NASDAQ:DTEA) Earns Hold Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a report issued on Friday. The brokerage set a “hold” rating on the stock.

DAVIDsTEA Trading Up 7.1 %

Shares of NASDAQ DTEA opened at $0.14 on Friday. DAVIDsTEA has a twelve month low of $0.42 and a twelve month high of $2.70. The company has a market capitalization of $3.84 million, a price-to-earnings ratio of -0.48 and a beta of 2.66. The business has a 50 day simple moving average of $0.17 and a 200-day simple moving average of $0.28.

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.