Shares of DAVIDsTEA Inc. (NASDAQ:DTEA – Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.64 and traded as low as $0.6380. DAVIDsTEA shares last traded at $0.6460, with a volume of 57,745 shares trading hands.
DAVIDsTEA Stock Performance
The company has a market capitalization of $17.16 million, a PE ratio of -2.15 and a beta of 2.66. The stock’s 50 day moving average is $0.64 and its 200 day moving average is $0.63.
DAVIDsTEA Company Profile
DAVIDsTEA is a specialty tea retailer and e-commerce company headquartered in Montreal, Quebec. Founded in 2008 by entrepreneur David Segal, the company has grown from a single flagship store into a network of brick-and-mortar boutiques across Canada and the United States, complemented by a robust online platform. DAVIDsTEA focuses on delivering an accessible, modern tea-drinking experience to a broad customer base, positioning itself as a lifestyle brand for tea enthusiasts and newcomers alike.
The company’s core product offerings consist of premium loose-leaf teas, tea sachets and ready-to-drink bottled beverages, alongside an assortment of proprietary blends.
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