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

StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note issued to investors on Thursday morning. The firm issued a hold rating on the stock.

DAVIDsTEA Price Performance

DTEA opened at $0.27 on Thursday. The firm has a market capitalization of $7.29 million, a P/E ratio of -0.91 and a beta of 2.66. DAVIDsTEA has a one year low of $0.42 and a one year high of $2.70. The company has a fifty day moving average price of $0.27 and a 200-day moving average price of $0.19.

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.