DAVIDsTEA (NASDAQ:DTEA) Now Covered by StockNews.com

by · The Markets Daily

StockNews.com started coverage on shares of DAVIDsTEA (NASDAQ:DTEA – Free Report) in a research note released on Friday. The firm issued a hold rating on the stock.

DAVIDsTEA Stock Performance

Shares of NASDAQ:DTEA opened at $0.33 on Friday. The stock has a market capitalization of $8.66 million, a price-to-earnings ratio of -1.09 and a beta of 2.66. DAVIDsTEA has a 1-year low of $0.42 and a 1-year high of $2.70. The company has a 50 day moving average price of $0.27 and a 200 day moving average price of $0.20.

DAVIDsTEA Company Profile

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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.

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