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

StockNews.com began coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note issued to investors on Tuesday. The brokerage issued a hold rating on the stock.

DAVIDsTEA Stock Performance

Shares of DAVIDsTEA stock opened at $0.31 on Tuesday. DAVIDsTEA has a 52 week low of $0.42 and a 52 week high of $2.70. The stock has a 50 day moving average price of $0.31 and a two-hundred day moving average price of $0.35. The stock has a market capitalization of $8.18 million, a PE ratio of -1.03 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.