StockNews.com Begins Coverage on DAVIDsTEA (NASDAQ:DTEA)

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

DAVIDsTEA Stock Performance

DAVIDsTEA stock opened at $0.25 on Tuesday. DAVIDsTEA has a 1 year low of $0.42 and a 1 year high of $2.70. The company’s 50-day moving average is $0.26 and its two-hundred day moving average is $0.19. The company has a market cap of $6.64 million, a PE ratio of -0.83 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.