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

StockNews.com initiated coverage on shares of DAVIDsTEA (NASDAQ:DTEA) in a research note published on Tuesday morning. The firm issued a hold rating on the stock.

DAVIDsTEA Trading Up 4.4 %

DTEA traded up $0.01 on Tuesday, reaching $0.13. The stock had a trading volume of 4,547 shares, compared to its average volume of 43,487. DAVIDsTEA has a 12-month low of $0.42 and a 12-month high of $2.70. The business’s 50-day moving average price is $0.14 and its two-hundred day moving average price is $0.24. The company has a market cap of $3.33 million, a P/E ratio of -0.42 and a beta of 2.66.

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.