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

StockNews.com initiated coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research report released on Monday morning. The brokerage issued a hold rating on the stock.

DAVIDsTEA Trading Down 3.1 %

Shares of NASDAQ DTEA opened at $0.26 on Monday. 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 $0.26 and a two-hundred day moving average of $0.19. The company has a market cap of $6.95 million, a PE ratio of -0.87 and a beta of 2.66.

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.