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 16.3 %

Shares of NASDAQ:DTEA opened at $0.32 on Tuesday. The business’s 50 day moving average is $0.31 and its 200 day moving average is $0.35. The stock has a market cap of $8.50 million, a P/E ratio of -1.07 and a beta of 2.66. DAVIDsTEA has a 52-week low of $0.42 and a 52-week high of $2.70.

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.