DavidsTea (DTEA) Receives Daily Coverage Optimism Rating of 0.00

Headlines about DavidsTea (NASDAQ:DTEA) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. DavidsTea earned a daily sentiment score of 0.00 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.43312884145 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of DavidsTea (DTEA) opened at $3.90 on Monday. The stock has a market cap of $100.79, a PE ratio of -12.58 and a beta of 0.80. DavidsTea has a one year low of $3.65 and a one year high of $7.95.

DavidsTea (NASDAQ:DTEA) last issued its quarterly earnings results on Thursday, December 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.01.

A number of research analysts have commented on the stock. Zacks Investment Research raised shares of DavidsTea from a “sell” rating to a “hold” rating in a research report on Thursday, December 28th. BMO Capital Markets set a $4.00 target price on shares of DavidsTea and gave the company a “hold” rating in a research report on Thursday, December 14th.

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DavidsTea Company Profile

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.

Insider Buying and Selling by Quarter for DavidsTea (NASDAQ:DTEA)

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