Shares of DavidsTea Inc (NASDAQ:DTEA) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.04 and traded as high as $1.17. DavidsTea shares last traded at $1.13, with a volume of 80,352 shares traded.
The company’s 50-day moving average price is $1.04 and its 200-day moving average price is $0.90. The company has a debt-to-equity ratio of 3.09, a current ratio of 0.85 and a quick ratio of 0.57. The company has a market cap of $29.62 million, a P/E ratio of -0.67 and a beta of 2.83.
DavidsTea (NASDAQ:DTEA) last issued its quarterly earnings data on Friday, July 31st. The company reported ($0.16) earnings per share (EPS) for the quarter. DavidsTea had a negative return on equity of 474.13% and a negative net margin of 34.99%. The company had revenue of $23.26 million for the quarter.
About DavidsTea (NASDAQ:DTEA)
DAVIDsTEA Inc operates as a retailer of specialty tea in Canada and the United States. The company offers approximately 135 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, and accessories; and food, as well as tea beverages, such as hot or iced tea, and tea lattes. It provides loose-leaf tea in white, green, oolong, black, pu'erh, mate, rooibos, and herbal tea categories.
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