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

StockNews.com began coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note released on Wednesday morning. The brokerage issued a hold rating on the stock.

DAVIDsTEA Trading Up 16.8 %

NASDAQ DTEA opened at $0.64 on Wednesday. DAVIDsTEA has a 12 month low of $0.42 and a 12 month high of $2.70. The stock’s fifty day moving average price is $0.66 and its 200-day moving average price is $0.44. The stock has a market cap of $17.04 million, a P/E ratio of -2.14 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.