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

StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research report sent to investors on Tuesday morning. The firm issued a hold rating on the stock.

DAVIDsTEA Price Performance

NASDAQ DTEA opened at $0.55 on Tuesday. The firm has a market cap of $14.61 million, a price-to-earnings ratio of -1.83 and a beta of 2.66. The company has a fifty day moving average price of $0.69 and a 200-day moving average price of $0.42. DAVIDsTEA has a 1 year low of $0.42 and a 1 year 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.