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

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

DAVIDsTEA Trading Down 4.7 %

DTEA stock opened at $0.52 on Tuesday. The stock has a market capitalization of $13.93 million, a PE ratio of -1.75 and a beta of 2.66. DAVIDsTEA has a 12-month low of $0.42 and a 12-month high of $2.70. The stock’s 50 day simple moving average is $0.68 and its 200 day simple moving average is $0.42.

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.