DAVIDsTEA (NASDAQ:DTEA) Receives New Coverage from Analysts at StockNews.com

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

DAVIDsTEA Stock Performance

Shares of NASDAQ DTEA opened at $0.11 on Friday. The company has a 50-day moving average of $0.14 and a 200 day moving average of $0.21. DAVIDsTEA has a 12-month low of $0.42 and a 12-month high of $2.70. The stock has a market cap of $3.04 million, a PE ratio of -0.38 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.