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DAVIDsTEA (NASDAQ:DTEA) Research Coverage Started at StockNews.com

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

DAVIDsTEA Stock Performance

Shares of DTEA stock opened at $0.87 on Friday. DAVIDsTEA has a 52-week low of $0.83 and a 52-week high of $4.69. The company has a 50-day simple moving average of $1.37 and a two-hundred day simple moving average of $1.95. The company has a market capitalization of $23.11 million, a price-to-earnings ratio of -3.95 and a beta of 2.71.

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DAVIDsTEA Inc operates as a specialty tea retailer in Canada and the United States. It offers loose-leaf teas, pre-packaged teas, tea sachets, and tea-related gifts; tea accessories, including tea mugs, travel mugs, teacup sets, teapots, tea makers, kettles, infusers, filters, frothers, tins, and spoons; and food and beverages.

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