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

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

DAVIDsTEA Stock Up 5.7 %

DTEA stock opened at $0.31 on Tuesday. The company has a market cap of $8.18 million, a PE ratio of -1.03 and a beta of 2.66. The business has a 50-day simple moving average of $0.31 and a 200 day simple moving average of $0.35. DAVIDsTEA has a 52 week low of $0.42 and a 52 week 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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