DAVIDsTEA Inc. (NASDAQ:DTEA – Get Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.67 and traded as high as $0.67. DAVIDsTEA shares last traded at $0.67, with a volume of 5,734 shares trading hands.
DAVIDsTEA Trading Up 1.2%
The business has a 50 day simple moving average of $0.67 and a two-hundred day simple moving average of $0.63. The stock has a market cap of $17.80 million, a price-to-earnings ratio of -2.23 and a beta of 2.66.
About DAVIDsTEA
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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