DAVIDsTEA (NASDAQ:DTEA) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a report released on Sunday. The firm issued a hold rating on the stock.

DAVIDsTEA Stock Up 77.9 %

Shares of DTEA opened at $0.25 on Friday. DAVIDsTEA has a 52-week low of $0.42 and a 52-week high of $2.70. The stock has a fifty day simple moving average of $0.14 and a two-hundred day simple moving average of $0.20. The company has a market capitalization of $6.64 million, a PE ratio of -0.83 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.