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

StockNews.com assumed coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a report released on Monday. The firm issued a hold rating on the stock.

DAVIDsTEA Stock Performance

DAVIDsTEA stock opened at $0.49 on Monday. The firm has a market capitalization of $12.93 million, a price-to-earnings ratio of -1.62 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. The stock’s fifty day moving average is $0.68 and its two-hundred day moving average is $0.41.

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.