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

Equities researchers at StockNews.com began coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a report issued on Wednesday. The brokerage set a “hold” rating on the stock.

DAVIDsTEA Stock Performance

Shares of NASDAQ:DTEA opened at $0.51 on Wednesday. DAVIDsTEA has a twelve month low of $0.42 and a twelve month high of $2.70. The firm has a market cap of $13.66 million, a PE ratio of -1.71 and a beta of 2.66. The business has a fifty day moving average of $0.53 and a 200-day moving average of $0.52.

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.