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

StockNews.com began coverage on shares of DAVIDsTEA (NASDAQ:DTEAGet Free Report) in a report issued on Sunday. The brokerage set a “hold” rating on the stock.

DAVIDsTEA Stock Down 3.2 %

DTEA opened at $0.31 on Friday. The stock’s fifty day moving average is $0.33 and its two-hundred day moving average is $0.35. The company has a market capitalization of $8.10 million, a P/E ratio of -1.02 and a beta of 2.66. DAVIDsTEA has a 52 week low of $0.42 and a 52 week high of $2.70.

About DAVIDsTEA

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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.

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