DAVIDsTEA (NASDAQ:DTEA) Research Coverage Started at StockNews.com

Stock analysts at StockNews.com began coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the stock.

DAVIDsTEA Price Performance

Shares of NASDAQ:DTEA opened at $0.28 on Wednesday. DAVIDsTEA has a 12 month low of $0.42 and a 12 month high of $2.70. The company’s 50-day moving average price is $0.31 and its two-hundred day moving average price is $0.34. The firm has a market cap of $7.52 million, a P/E ratio of -0.94 and a beta of 2.66.

DAVIDsTEA Company Profile

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.