DAVIDsTEA (NASDAQ:DTEA) Stock Jumps 2.9% – Still a Buy?

Shares of DAVIDsTEA Inc. (NASDAQ:DTEA) rose 2.9% on Friday. The stock traded as high as $0.85 and last traded at $0.8083. 14,949 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 43,487 shares. The stock had previously closed at $0.7857.

DAVIDsTEA Stock Up 2.9%

The firm has a market cap of $21.48 million, a price-to-earnings ratio of -2.69 and a beta of 2.66. The stock has a fifty day moving average price of $0.76 and a 200-day moving average price of $0.67.

DAVIDsTEA Company Profile

DAVIDsTEA Inc. is a Canadian specialty tea company headquartered in Montreal, Quebec. The company sells a broad selection of loose-leaf teas, tea bags, herbal and fruit infusions, matcha, tea accessories, gift sets and related products under the DAVIDsTEA brand. DAVIDsTEA serves customers primarily through its e-commerce platform and a network of retail and wholesale channels in Canada and the United States. Its product range includes black, green, white and oolong teas, as well as caffeine-free blends and seasonal offerings.