The market has been down on DavidsTea Inc (DTEA) stock recently. DTEA gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
DavidsTea Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on DTEA!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With DTEA Stock Today?
DavidsTea Inc (DTEA) stock is unmoved 0% while the S&P 500 is lower by -0.89% as of 2:11 PM on Friday, Jan 21. DTEA is unmoved $0.00 from the previous closing price of $3.24 on volume of 214,732 shares. Over the past year the S&P 500 is up 15.35% while DTEA is higher by 9.83%. DTEA earned $1.41 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 2.3.
To see InvestorsObserver's Sentiment Score for DavidsTea Inc click here.
More About DavidsTea Inc
DAVIDsTEA Inc is a company functional in Canada's packaged foods market. Operating as a branded retailer of different types of tea, the company primarily serves through DAVIDsTEA stores and its website, davidstea.com. Its business involves the sale of three main products; Tea, Tea Accessories and Food and Beverages. Tea products such as loose-leaf teas, pre-packaged teas, and tea sachets account for the majority of the company's sales. Additionally, it sells Tea Accessories such as tea mugs, travel mugs, teacup sets, teapots, tea makers, kettles and Beverages ranging from the standard hot or iced tea to tea lattes. The company geographical segment includes Canada and the United States of which Canada generates a majority revenue.
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