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

StockNews.com assumed coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research report sent to investors on Friday. The firm issued a hold rating on the stock.

DAVIDsTEA Trading Down 0.3 %

Shares of NASDAQ DTEA opened at $0.33 on Friday. The firm has a market capitalization of $8.64 million, a P/E ratio of -1.08 and a beta of 2.66. The firm’s 50-day moving average price is $0.27 and its 200-day moving average price is $0.20. DAVIDsTEA has a 1-year low of $0.42 and a 1-year high of $2.70.

About DAVIDsTEA

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.