DAVIDsTEA Inc. (NASDAQ:DTEA – Get Free Report)’s stock price crossed 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 $0.73. DAVIDsTEA shares last traded at $0.73, with a volume of 10,468 shares changing hands.
DAVIDsTEA Price Performance
The firm has a 50-day moving average of $0.67 and a 200 day moving average of $0.65. The company has a market capitalization of $18.87 million, a PE ratio of -2.37 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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