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

StockNews.com initiated coverage on shares of DAVIDsTEA (NASDAQ:DTEAFree Report) in a research note released on Saturday morning. The brokerage issued a hold rating on the stock.

DAVIDsTEA Price Performance

Shares of NASDAQ DTEA opened at $0.40 on Friday. The stock has a market cap of $10.63 million, a PE ratio of -1.33 and a beta of 2.66. DAVIDsTEA has a 1 year low of $0.42 and a 1 year high of $2.70. The firm has a fifty day moving average price of $0.29 and a 200-day moving average price of $0.21.

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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