DAVIDsTEA (NASDAQ:DTEA) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEAFree Report) in a research report sent to investors on Wednesday morning. The brokerage issued a hold rating on the stock.

DAVIDsTEA Price Performance

DAVIDsTEA stock opened at $0.70 on Wednesday. The firm’s fifty day moving average price is $0.49 and its 200 day moving average price is $0.30. The company has a market capitalization of $18.65 million, a price-to-earnings ratio of -2.34 and a beta of 2.66. DAVIDsTEA has a 12-month low of $0.42 and a 12-month high of $2.70.

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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