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

Investment analysts at StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note issued to investors on Monday. The firm set a “hold” rating on the stock.

DAVIDsTEA Price Performance

NASDAQ DTEA opened at $0.55 on Monday. The business’s fifty day moving average price is $0.68 and its 200-day moving average price is $0.40. The stock has a market capitalization of $14.61 million, a price-to-earnings ratio of -1.83 and a beta of 2.66. DAVIDsTEA has a 1-year low of $0.42 and a 1-year 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.