DAVIDsTEA (NASDAQ:DTEA) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a report published on Thursday. The brokerage issued a hold rating on the stock.

DAVIDsTEA Trading Down 1.9 %

Shares of NASDAQ:DTEA opened at $0.52 on Thursday. DAVIDsTEA has a 12-month low of $0.42 and a 12-month high of $2.70. The company has a market cap of $13.82 million, a PE ratio of -0.90 and a beta of 2.66. The stock has a 50 day moving average of $0.30 and a 200 day moving average of $0.34.

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.