DAVIDsTEA (NASDAQ:DTEA) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the stock.

DAVIDsTEA Stock Performance

Shares of DTEA opened at $0.28 on Wednesday. The firm’s 50-day moving average is $0.31 and its two-hundred day moving average is $0.35. DAVIDsTEA has a twelve month low of $0.42 and a twelve month high of $2.70. The firm has a market capitalization of $7.52 million, a P/E ratio of -0.94 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.