DAVIDsTEA (NASDAQ:DTEA) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note issued to investors on Wednesday. The firm issued a hold rating on the stock.

DAVIDsTEA Price Performance

DTEA opened at $0.28 on Wednesday. DAVIDsTEA has a fifty-two week low of $0.42 and a fifty-two week high of $2.70. The firm has a market capitalization of $7.52 million, a PE ratio of -0.94 and a beta of 2.66. The company’s 50-day moving average is $0.31 and its 200 day moving average is $0.35.

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.