Shares of DTEA traded down $0.09 during trading hours on Thursday, reaching $1.51. 115,147 shares of the company’s stock traded hands, compared to its average volume of 246,995. The firm’s 50 day simple moving average is $1.40. DavidsTea has a 12 month low of $1.07 and a 12 month high of $5.35.
DavidsTea (NASDAQ:DTEA) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $62.54 million during the quarter. DavidsTea had a negative return on equity of 13.24% and a negative net margin of 17.25%.
DavidsTea Company Profile
DAVIDsTEA Inc operates as a retailer of specialty tea in Canada and the United States. The company offers approximately 135 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, and accessories; and food, as well as tea beverages, such as hot or iced tea, and tea lattes. It provides loose-leaf tea in white, green, oolong, black, pu'erh, mate, rooibos, and herbal tea categories.
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