DevvStream Corp (DEVS) Strikes $0.38: The Risk Seems Worthwhile At This Price

DevvStream Corp (NASDAQ:DEVS) price on Thursday, March 20, rose 1.35% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.38.

A look at the stock’s price movement, the close in the last trading session was $0.37, moving within a range at $0.3212 and $0.4606. The beta value (5-Year monthly) was -0.357. Turning to its 52-week performance, $15.48 and $0.30 were the 52-week high and 52-week low respectively. Overall, DEVS moved -18.46% over the past month.

DevvStream Corp’s market cap currently stands at around $10.90 million, with investors looking forward to this quarter’s earnings report slated for in April.

DEVS’s current price about -0.69% and -22.90% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.84, while 7-day volatility ratio is 24.15% and 15.68% in the 30-day chart. Further, DevvStream Corp (DEVS) has a beta value of -0.34, and an average true range (ATR) of 0.06.

If we refocus on DevvStream Corp (NASDAQ:DEVS), historical trading data shows that trading volumes averaged 1.52 over the past 10 days and 479.10K over the past 3 months. The company’s latest data on shares outstanding shows there are 6.51 million shares.

The 56.82% of DevvStream Corp’s shares are in the hands of company insiders while institutional holders own 6.51% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.16 million on 2025-02-28, giving us a short ratio of 0.78. Current price change has pushed the stock -50.13% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DEVS stock continues to rise going into the next quarter.

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