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

Stock analysts at StockNews.com initiated coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note issued on Thursday. The firm set a “hold” rating on the stock.

DAVIDsTEA Price Performance

NASDAQ DTEA opened at $0.71 on Thursday. The business has a fifty day moving average price of $0.52 and a two-hundred day moving average price of $0.32. DAVIDsTEA has a fifty-two week low of $0.42 and a fifty-two week high of $2.70. The stock has a market capitalization of $18.83 million, a PE ratio of -2.36 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.