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

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

DAVIDsTEA Stock Up 0.5%

Shares of DTEA stock opened at $0.51 on Tuesday. The firm has a market cap of $13.48 million, a price-to-earnings ratio of -1.69 and a beta of 2.66. The company’s 50 day moving average is $0.53 and its 200 day moving average is $0.51. DAVIDsTEA has a 52-week low of $0.42 and a 52-week 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.