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

StockNews.com initiated coverage on shares of DAVIDsTEA (NASDAQ:DTEAGet Rating) in a research report sent to investors on Monday morning. The brokerage issued a hold rating on the stock.

DAVIDsTEA Price Performance

Shares of NASDAQ DTEA opened at $0.72 on Monday. The stock has a market cap of $19.25 million, a P/E ratio of -3.30 and a beta of 2.83. DAVIDsTEA has a 1 year low of $0.65 and a 1 year high of $4.31. The firm has a 50-day moving average of $0.82 and a 200 day moving average of $1.34.

DAVIDsTEA (NASDAQ:DTEAGet Rating) last announced its quarterly earnings results on Tuesday, September 13th. The company reported ($0.10) EPS for the quarter. DAVIDsTEA had a negative return on equity of 9.92% and a negative net margin of 7.47%. The company had revenue of $11.83 million during the quarter.

DAVIDsTEA Company Profile

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DAVIDsTEA Inc operates as a specialty tea retailer in Canada and the United States. It offers loose-leaf teas, pre-packaged teas, tea sachets, and tea-related gifts; tea accessories, including tea mugs, travel mugs, teacup sets, teapots, tea makers, kettles, infusers, filters, frothers, tins, and spoons; and food and beverages.

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