DAVIDsTEA (NASDAQ:DTEA) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of DAVIDsTEA (NASDAQ:DTEAFree Report) in a research note released on Tuesday morning. The brokerage issued a hold rating on the stock.

DAVIDsTEA Stock Performance

DTEA stock opened at $0.28 on Tuesday. DAVIDsTEA has a one year low of $0.42 and a one year high of $2.70. The firm has a market cap of $7.44 million, a PE ratio of -0.93 and a beta of 2.66. The firm’s 50 day moving average price is $0.16 and its 200-day moving average price is $0.19.

About DAVIDsTEA

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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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