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

StockNews.com assumed coverage on shares of DAVIDsTEA (NASDAQ:DTEAGet Free Report) in a report issued on Tuesday. The brokerage set a “hold” rating on the stock.

DAVIDsTEA Price Performance

Shares of NASDAQ DTEA opened at $0.09 on Tuesday. DAVIDsTEA has a one year low of $0.42 and a one year high of $2.70. The firm’s 50 day simple moving average is $0.23 and its two-hundred day simple moving average is $0.31. The stock has a market capitalization of $2.40 million, a P/E ratio of -0.33 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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