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

Investment 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 Price Performance

NASDAQ:DTEA opened at $0.25 on Monday. The firm’s fifty day moving average price is $0.15 and its two-hundred day moving average price is $0.19. The company has a market cap of $6.64 million, a P/E ratio of -0.83 and a beta of 2.66. DAVIDsTEA has a one year low of $0.42 and a one 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.