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

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

DAVIDsTEA Stock Performance

DTEA stock opened at $0.27 on Tuesday. The stock’s 50 day simple moving average is $0.26 and its 200 day simple moving average is $0.19. DAVIDsTEA has a fifty-two week low of $0.42 and a fifty-two week high of $2.70. The company has a market cap of $7.13 million, a P/E ratio of -0.84 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.