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

Research analysts at StockNews.com began coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a note issued to investors on Sunday. The brokerage set a “hold” rating on the stock.

DAVIDsTEA Stock Performance

Shares of DTEA opened at $0.61 on Friday. The firm has a market capitalization of $16.13 million, a P/E ratio of -2.02 and a beta of 2.66. The stock has a 50 day moving average price of $0.30 and a two-hundred day moving average price of $0.22. DAVIDsTEA has a 52 week low of $0.42 and a 52 week 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.