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

Stock analysts at StockNews.com assumed coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note issued on Tuesday. The firm set a “hold” rating on the stock.

DAVIDsTEA Stock Down 5.7 %

Shares of DTEA opened at $0.82 on Tuesday. The stock has a market cap of $21.79 million, a price-to-earnings ratio of -2.73 and a beta of 2.66. DAVIDsTEA has a 12 month low of $0.42 and a 12 month high of $2.70. The company has a 50-day moving average price of $0.42 and a two-hundred day moving average price of $0.28.

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.