DAVIDsTEA (NASDAQ:DTEA) Earns Hold Rating from Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note issued on Tuesday. The brokerage set a “hold” rating on the stock.

DAVIDsTEA Price Performance

Shares of DTEA stock opened at $0.27 on Tuesday. The company has a fifty day moving average price of $0.26 and a two-hundred day moving average price of $0.19. DAVIDsTEA has a one year low of $0.42 and a one year high of $2.70. The stock has a market cap of $7.13 million, a P/E ratio of -0.90 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.