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

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

DAVIDsTEA Price Performance

NASDAQ DTEA opened at $0.73 on Friday. The company’s fifty day moving average is $0.63 and its two-hundred day moving average is $0.37. The firm has a market capitalization of $19.40 million, a price-to-earnings ratio of -2.43 and a beta of 2.66. DAVIDsTEA has a 52-week low of $0.42 and a 52-week high of $2.70.

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.