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

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

DAVIDsTEA Stock Performance

Shares of DAVIDsTEA stock opened at $0.61 on Friday. DAVIDsTEA has a fifty-two week low of $0.42 and a fifty-two week high of $2.70. The company has a market cap of $16.13 million, a P/E ratio of -2.02 and a beta of 2.66. The firm has a 50-day simple moving average of $0.30 and a two-hundred day simple moving average of $0.22.

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.