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

Analysts at StockNews.com initiated coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a report issued on Wednesday. The firm set a “hold” rating on the stock.

DAVIDsTEA Price Performance

NASDAQ:DTEA opened at $0.12 on Wednesday. DAVIDsTEA has a twelve month low of $0.42 and a twelve month high of $2.70. The business has a 50 day moving average price of $0.14 and a two-hundred day moving average price of $0.23. The company has a market cap of $3.20 million, a P/E ratio of -0.40 and a beta of 2.66.

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.