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

StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEAFree Report) in a research report released on Friday. The firm issued a hold rating on the stock.

DAVIDsTEA Stock Performance

NASDAQ DTEA opened at $0.40 on Friday. DAVIDsTEA has a 52-week low of $0.42 and a 52-week high of $2.70. The company has a 50-day simple moving average of $0.38 and a 200 day simple moving average of $0.38. The company has a market capitalization of $10.59 million, a PE ratio of -1.33 and a beta of 2.66.

About DAVIDsTEA

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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.

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