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

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

DAVIDsTEA Trading Up 2.8 %

Shares of NASDAQ:DTEA opened at $0.73 on Friday. The stock has a market capitalization of $19.40 million, a P/E ratio of -2.43 and a beta of 2.66. DAVIDsTEA has a 1-year low of $0.42 and a 1-year high of $2.70. The business has a 50-day moving average price of $0.63 and a two-hundred day moving average price of $0.36.

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.