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

StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note published on Wednesday. The firm issued a hold rating on the stock.

DAVIDsTEA Price Performance

Shares of DAVIDsTEA stock opened at $0.78 on Wednesday. The company’s 50 day moving average price is $0.48 and its two-hundred day moving average price is $0.30. The firm has a market capitalization of $20.73 million, a P/E ratio of -2.60 and a beta of 2.66. DAVIDsTEA has a fifty-two week low of $0.42 and a fifty-two 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.