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

Equities research analysts at StockNews.com assumed coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a report released on Sunday. The firm set a “hold” rating on the stock.

DAVIDsTEA Price Performance

NASDAQ DTEA opened at $0.13 on Friday. The firm has a market capitalization of $3.35 million, a price-to-earnings ratio of -0.42 and a beta of 2.66. The company has a 50 day simple moving average of $0.14 and a 200-day simple moving average of $0.20. DAVIDsTEA has a 52-week low of $0.42 and a 52-week 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.