DevvStream Corp (NASDAQ:DEVS) shares, rose in value, with the stock price up by 2.94% to the previous day’s close as strong demand from buyers drove the stock to $0.39.
Actively observing the price movement in the last trading, the stock closed the session at $0.38. Referring to stock’s 52-week performance, its high was $15.48, and the low was $0.30. On the whole, DEVS has fluctuated by -32.82% over the past month.
With the market capitalization of DevvStream Corp currently standing at about $11.31 million, investors are eagerly awaiting this quarter’s results, scheduled for in April.
The stock’s technical analysis shows that the price of DEVS currently trading nearly -11.64% and -33.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.44, while the 7-day volatility ratio is showing 16.92% which for the 30-day chart, stands at 12.42%. Furthermore, DevvStream Corp (DEVS)’s beta value is -0.36, and its average true range (ATR) is 0.06.
A comparison of DevvStream Corp (DEVS) with its peers suggests the former has fared considerably weaker in the market. DEVS showed an intraday change of 2.94% in last session, and over the past year, it shrunk by -96.41%%.
Data on historical trading for DevvStream Corp (NASDAQ:DEVS) indicates that the trading volumes over the past 3 months, they’ve averaged 1.04 million. According to company’s latest data on outstanding shares, there are 6.51 million shares outstanding.
Nearly 56.82% of DevvStream Corp’s shares belong to company insiders and institutional investors own 6.51% of the company’s shares. The stock has fallen by -48.27% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DEVS stock heading into the next quarter.
