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

StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research report sent to investors on Monday morning. The brokerage issued a hold rating on the stock.

DAVIDsTEA Price Performance

DAVIDsTEA stock opened at $0.24 on Monday. DAVIDsTEA has a 12 month low of $0.42 and a 12 month high of $2.70. The stock has a market capitalization of $6.46 million, a PE ratio of -0.81 and a beta of 2.66. The business has a 50 day simple moving average of $0.15 and a 200-day simple moving average of $0.19.

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.