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

StockNews.com initiated coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a report published on Thursday. The firm issued a hold rating on the stock.

DAVIDsTEA Stock Down 1.9 %

NASDAQ DTEA opened at $0.52 on Thursday. The company has a market capitalization of $13.82 million, a price-to-earnings ratio of -0.90 and a beta of 2.66. DAVIDsTEA has a twelve month low of $0.42 and a twelve month high of $2.70. The stock has a fifty day simple moving average of $0.30 and a 200 day simple moving average of $0.34.

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.