DAVIDsTEA (NASDAQ:DTEA) Coverage Initiated by Analysts at StockNews.com

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

DAVIDsTEA Price Performance

Shares of NASDAQ:DTEA opened at $0.62 on Tuesday. The firm has a market capitalization of $16.47 million, a P/E ratio of -2.07 and a beta of 2.66. The business’s 50-day moving average is $0.69 and its 200 day moving average is $0.42. 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.