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

Equities research analysts at StockNews.com initiated coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a report issued on Monday. The firm set a “hold” rating on the stock.

DAVIDsTEA Stock Performance

Shares of DTEA opened at $0.52 on Monday. The stock has a market capitalization of $13.82 million, a P/E ratio of -1.73 and a beta of 2.66. DAVIDsTEA has a 1 year low of $0.42 and a 1 year high of $2.70. The company’s fifty day moving average is $0.14 and its two-hundred day moving average is $0.20.

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.