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

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

DAVIDsTEA Trading Down 8.2 %

Shares of NASDAQ DTEA opened at $0.49 on Monday. DAVIDsTEA has a twelve month low of $0.42 and a twelve month high of $2.70. The stock has a 50 day moving average of $0.68 and a two-hundred day moving average of $0.41. The stock has a market cap of $12.93 million, a P/E ratio of -1.62 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.