DavidsTea Inc (NASDAQ:DTEA)’s share price traded up 21.2% during trading on Friday . The stock traded as high as $1.78 and last traded at $2.06, 26,020 shares traded hands during trading. A decline of 54% from the average session volume of 56,479 shares. The stock had previously closed at $1.70.
Separately, ValuEngine upgraded DavidsTea from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st.
The company has a 50 day moving average price of $1.48 and a 200 day moving average price of $1.37.
About DavidsTea (NASDAQ:DTEA)
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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