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

StockNews.com began coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note issued to investors on Saturday. The brokerage issued a hold rating on the stock.

DAVIDsTEA Stock Up 1.3 %

NASDAQ DTEA opened at $0.40 on Friday. The company has a 50-day moving average price of $0.29 and a 200-day moving average price of $0.21. DAVIDsTEA has a 52 week low of $0.42 and a 52 week high of $2.70. The firm has a market capitalization of $10.63 million, a P/E ratio of -1.33 and a beta of 2.66.

About DAVIDsTEA

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.