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

Stock analysts at StockNews.com initiated coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a report issued on Thursday. The firm set a “hold” rating on the stock.

DAVIDsTEA Stock Performance

DAVIDsTEA stock opened at $0.71 on Thursday. The stock has a 50-day simple moving average of $0.52 and a 200 day simple moving average of $0.32. The stock has a market capitalization of $18.83 million, a P/E ratio of -2.36 and a beta of 2.66. DAVIDsTEA has a 52 week low of $0.42 and a 52 week high of $2.70.

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.