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

Analysts at StockNews.com began coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a note issued to investors on Tuesday. The firm set a “hold” rating on the stock.

DAVIDsTEA Stock Up 5.7 %

Shares of DTEA stock opened at $0.31 on Tuesday. The stock has a market cap of $8.18 million, a price-to-earnings ratio of -1.03 and a beta of 2.66. The business’s fifty day moving average is $0.31 and its 200 day moving average is $0.35. DAVIDsTEA has a twelve month low of $0.42 and a twelve month 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.