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

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

DAVIDsTEA Stock Performance

DTEA stock opened at $0.68 on Friday. The firm has a market cap of $18.20 million, a PE ratio of -2.28 and a beta of 2.66. The firm has a fifty day moving average price of $0.58 and a 200 day moving average price of $0.34. DAVIDsTEA has a fifty-two week low of $0.42 and a fifty-two week high of $2.70.

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.