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

by · The Markets Daily

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

DAVIDsTEA Price Performance

NASDAQ:DTEA opened at $0.28 on Tuesday. DAVIDsTEA has a 1-year low of $0.42 and a 1-year high of $2.70. The company has a 50-day moving average of $0.15 and a 200 day moving average of $0.19. The firm has a market cap of $7.39 million, a PE ratio of -0.87 and a beta of 2.66.

DAVIDsTEA Company Profile

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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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