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

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

DAVIDsTEA Trading Down 14.1 %

DTEA stock opened at $0.11 on Friday. DAVIDsTEA has a 1-year low of $0.42 and a 1-year high of $2.70. The business’s 50-day moving average price is $0.15 and its two-hundred day moving average price is $0.21. The firm has a market cap of $2.92 million, a PE ratio of -0.37 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.