Equities research analysts at StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEA – Get Rating) in a research note issued to investors on Monday. The firm set a “hold” rating on the stock.
DAVIDsTEA Stock Performance
Shares of DTEA opened at $0.75 on Monday. DAVIDsTEA has a 52 week low of $0.65 and a 52 week high of $4.31. The firm has a market cap of $19.79 million, a P/E ratio of -3.39 and a beta of 2.83. The firm’s 50-day simple moving average is $0.85 and its 200 day simple moving average is $1.37.
DAVIDsTEA (NASDAQ:DTEA – Get Rating) last announced its quarterly earnings results on Tuesday, September 13th. The company reported ($0.10) EPS for the quarter. DAVIDsTEA had a negative net margin of 7.47% and a negative return on equity of 9.92%. The company had revenue of $11.83 million during the quarter.
DAVIDsTEA Company Profile
DAVIDsTEA Inc operates as a specialty tea retailer in Canada and the United States. It offers loose-leaf teas, pre-packaged teas, tea sachets, and tea-related gifts; tea accessories, including tea mugs, travel mugs, teacup sets, teapots, tea makers, kettles, infusers, filters, frothers, tins, and spoons; and food and beverages.
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