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

StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a report released on Monday. The brokerage set a “hold” rating on the stock.

DAVIDsTEA Stock Up 8.2 %

DAVIDsTEA stock opened at $0.70 on Monday. The stock’s 50 day moving average is $0.34 and its 200 day moving average is $0.24. The company has a market capitalization of $18.68 million, a P/E ratio of -2.34 and a beta of 2.66. 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.