DAVIDsTEA (NASDAQ:DTEA) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

DAVIDsTEA Inc. (NASDAQ:DTEAGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.62 and traded as high as $0.6712. DAVIDsTEA shares last traded at $0.6712, with a volume of 26,632 shares.

DAVIDsTEA Stock Up 4.1%

The stock has a fifty day moving average price of $0.62 and a two-hundred day moving average price of $0.68. The company has a market capitalization of $17.83 million, a price-to-earnings ratio of -2.24 and a beta of 2.66.

About DAVIDsTEA

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DAVIDsTEA, Inc operates as a beverage company. It offers a selection of loose-leaf teas, pre packaged teas, tea sachets, and tea-related gifts, food, and accessories through its stores. The firm operates through the Canada and U.S. segments. The company was founded by Herschel H. Segal and David Segal on April 29, 2008 and is headquartered in Mount-Royal, Canada.

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