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

StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note released on Sunday morning. The brokerage issued a hold rating on the stock.

DAVIDsTEA Trading Down 8.1 %

NASDAQ:DTEA opened at $0.48 on Friday. The company’s 50-day moving average price is $0.56 and its 200-day moving average price is $0.49. The company has a market cap of $12.75 million, a P/E ratio of -1.60 and a beta of 2.66. DAVIDsTEA has a twelve month low of $0.42 and a twelve month high of $2.70.

DAVIDsTEA Company Profile

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.