DAVIDsTEA (NASDAQ:DTEA) Coverage Initiated at StockNews.com

Posted by on Apr 16th, 2024

Analysts at StockNews.com assumed coverage on shares of DAVIDsTEA (NASDAQ:DTEA – Get Free Report) in a research report issued on Tuesday. The brokerage set a “hold” rating on the stock.

DAVIDsTEA Stock Performance

DTEA opened at $0.29 on Tuesday. The business’s fifty day moving average is $0.31 and its two-hundred day moving average is $0.35. The company has a market cap of $7.74 million, a price-to-earnings ratio of -0.97 and a beta of 2.66. DAVIDsTEA has a one year low of $0.42 and a one year high of $2.70.

About DAVIDsTEA

(Get Free Report)

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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