DavidsTea (DTEA) Getting Somewhat Positive News Coverage, Study Shows

News coverage about DavidsTea (NASDAQ:DTEA) has trended somewhat positive on Tuesday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. DavidsTea earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.7366299479414 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:

A number of equities analysts recently issued reports on DTEA shares. Zacks Investment Research raised DavidsTea from a “sell” rating to a “hold” rating in a research report on Thursday, February 8th. ValuEngine raised shares of DavidsTea from a “sell” rating to a “hold” rating in a research report on Saturday, March 10th.

DavidsTea remained flat at $$3.45 during midday trading on Tuesday, Marketbeat reports. The company’s stock had a trading volume of 4,297 shares, compared to its average volume of 13,717. DavidsTea has a 1-year low of $3.20 and a 1-year high of $6.45.

DavidsTea (NASDAQ:DTEA) last posted its earnings results on Thursday, April 19th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.06. The firm had revenue of $68.58 million during the quarter. DavidsTea had a positive return on equity of 0.07% and a negative net margin of 12.89%. equities analysts anticipate that DavidsTea will post -0.06 earnings per share for the current fiscal year.

DavidsTea Company Profile

DAVIDsTEA Inc operates as a retailer of specialty tea in Canada and the United States. The company offers approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages. It provides loose-leaf tea in white, green, oolong, black, pu'erh, mate, rooibos, and herbal tea categories.

Insider Buying and Selling by Quarter for DavidsTea (NASDAQ:DTEA)

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