Spotting A Winner: DevvStream Corp (NASDAQ: DEVS) Retreats -15.24 And It Still Have Room To Run

DevvStream Corp (NASDAQ:DEVS) currently has a daily average trading volume of 934.51K but it saw 1521399 shares traded in last market. With a market cap of 6.44M USD, the company’s current market price of $0.89 came falling about -15.24 while comparing to the previous closing price of $1.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.00 and as low as $0.95. In the recent trading on the day, stock has struck highest price mark of $0.8 while lowest mark touched by it was $1.0441.

Its current price level is -94.07% below from 52-week high level whereas it is -6.33% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 30.63% during that period while stretching the period over a month that increases to 81.43%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 24.07 which implies that the stock is in oversold territory.

Over the week, DEVS’s stock price is moving -16.04% down while it is -90.33% when we observe its performance for the past one month. Year-to-date it is -91.83% down and over the past year, the stock is showing a downside performance of -91.21%.

Currently, DevvStream Corp’s total number of outstanding shares is 6.51M. Company’s return on investment (ROI) stands at -56.70% and return on equity (ROE) at -14.56%. Stock’s beta reads -0.37. Stock has a price to book (P/B) ratio of 0.94. Its return on asset (ROA) is -9.65% on average.