DAVIDsTEA Inc. (NASDAQ:DTEA – Get Free Report) was up 2.9% during trading on Friday. The company traded as high as $0.85 and last traded at $0.8083. Approximately 14,949 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 43,487 shares. The stock had previously closed at $0.7857.
DAVIDsTEA Trading Up 2.9%
The company’s 50 day moving average is $0.76 and its 200 day moving average is $0.67. The stock has a market capitalization of $21.48 million, a price-to-earnings ratio of -2.69 and a beta of 2.66.
About DAVIDsTEA
DAVIDsTEA Inc. is a Canadian specialty tea company headquartered in Montreal, Quebec. The company sells a broad selection of loose-leaf teas, tea bags, herbal and fruit infusions, matcha, tea accessories, gift sets and related products under the DAVIDsTEA brand. DAVIDsTEA serves customers primarily through its e-commerce platform and a network of retail and wholesale channels in Canada and the United States. Its product range includes black, green, white and oolong teas, as well as caffeine-free blends and seasonal offerings.
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