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

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

DAVIDsTEA Stock Performance

DTEA opened at $0.70 on Monday. The firm’s fifty day moving average is $0.35 and its two-hundred day moving average is $0.24. The firm has a market cap of $18.68 million, a PE ratio of -2.34 and a beta of 2.66. DAVIDsTEA has a twelve month low of $0.42 and a twelve month high of $2.70.

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.