DAVIDsTEA Inc. (NASDAQ:DTEA – Get Free Report)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.66 and traded as low as $0.5080. DAVIDsTEA shares last traded at $0.55, with a volume of 153,005 shares trading hands.
DAVIDsTEA Stock Performance
The company has a 50 day simple moving average of $0.66 and a 200 day simple moving average of $0.69. The company has a market capitalization of $14.61 million, a PE ratio of -1.83 and a beta of 2.66.
DAVIDsTEA Company Profile
DAVIDsTEA is a specialty tea retailer and e-commerce company headquartered in Montreal, Quebec. Founded in 2008 by entrepreneur David Segal, the company has grown from a single flagship store into a network of brick-and-mortar boutiques across Canada and the United States, complemented by a robust online platform. DAVIDsTEA focuses on delivering an accessible, modern tea-drinking experience to a broad customer base, positioning itself as a lifestyle brand for tea enthusiasts and newcomers alike.
The company’s core product offerings consist of premium loose-leaf teas, tea sachets and ready-to-drink bottled beverages, alongside an assortment of proprietary blends.
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