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

StockNews.com initiated coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research report sent to investors on Saturday. The firm issued a hold rating on the stock.

DAVIDsTEA Price Performance

NASDAQ:DTEA opened at $0.52 on Friday. The firm has a market capitalization of $13.82 million, a P/E ratio of -1.73 and a beta of 2.66. DAVIDsTEA has a 12-month low of $0.42 and a 12-month high of $2.70. The business has a 50 day simple moving average of $0.58 and a 200 day simple moving average of $0.48.

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.