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

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

DAVIDsTEA Trading Up 6.9 %

Shares of DTEA opened at $0.27 on Tuesday. The company has a market capitalization of $7.13 million, a price-to-earnings ratio of -0.84 and a beta of 2.66. The stock has a 50 day moving average of $0.26 and a 200 day moving average of $0.19. DAVIDsTEA has a 12 month low of $0.42 and a 12 month high of $2.70.

DAVIDsTEA Company Profile

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.