DAVIDsTEA (NASDAQ:DTEA) Receives New Coverage from Analysts at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of DAVIDsTEA (NASDAQ:DTEAGet Free Report) in a research report issued on Tuesday. The firm set a “hold” rating on the stock.

DAVIDsTEA Trading Down 13.1 %

DAVIDsTEA stock opened at $0.09 on Tuesday. DAVIDsTEA has a 52 week low of $0.42 and a 52 week high of $2.70. The stock has a market cap of $2.49 million, a price-to-earnings ratio of -0.31 and a beta of 2.66. The company’s 50-day moving average price is $0.24 and its two-hundred day moving average price is $0.31.

DAVIDsTEA Company Profile

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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.

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