DAVIDsTEA (DTEA) Cut to Sell at Zacks Investment Research
DAVIDsTEA (NASDAQ:DTEA) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday.
According to Zacks, “DAVIDsTEA INC. is a beverage company. The company offer proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts and accessories. It operates primarily in the United States and Canada. DAVIDsTEA INC. is headquartered in Montreal, Canada. “
DAVIDsTEA (NASDAQ DTEA) traded down $0.15 on Tuesday, hitting $3.90. 126,466 shares of the company were exchanged, compared to its average volume of 60,812. DAVIDsTEA has a 12 month low of $3.75 and a 12 month high of $7.95.
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DAVIDsTEA Inc is engaged in the retail and online sale of tea, tea accessories, and food and beverages in Canada and in the United States. The Company’s segments include Canada and the U.S. The Company is a branded retailer of specialty tea, offering approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages primarily through approximately 190 DAVIDsTEA stores, which are operated by the Company, and its Website, davidstea.com.
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