Separately, Zacks Investment Research cut DAVIDsTEA from a hold rating to a sell rating in a report on Tuesday, December 12th.
DAVIDsTEA (NASDAQ:DTEA) traded down $0.05 on Thursday, hitting $3.85. The stock had a trading volume of 22,200 shares, compared to its average volume of 60,725. DAVIDsTEA has a 52 week low of $3.75 and a 52 week 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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