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

Analysts at StockNews.com began coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a note issued to investors on Tuesday. The firm set a “hold” rating on the stock.

DAVIDsTEA Trading Up 2.0 %

DTEA stock opened at $0.26 on Tuesday. The firm has a 50 day moving average of $0.15 and a 200-day moving average of $0.19. DAVIDsTEA has a 12-month low of $0.42 and a 12-month high of $2.70. The company has a market cap of $6.91 million, a price-to-earnings ratio of -0.85 and a beta of 2.66.

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.