DevvStream Corp (NASDAQ: DEVS) Becomes The New Buzzing Stock: Sports A Monthly Volatility Of 87.81%

DevvStream Corp (NASDAQ:DEVS) does about 3.50M shares in volume on a normal day but saw 2000474 shares change hands in the recent trading day. The company now has a market cap of 29.31M USD. Its current market price is $0.81, marking a decrease of -15.11% compared to the previous close of $0.96. The 52 week high reached by this stock is $15.48 whilst the lowest price level in 52 weeks is $0.48.

DevvStream Corp (DEVS) has the current price is -94.73% off the 52-week high compared with 69.66% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 27.45%, which increases to 87.81% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 27.84 to suggest the stock is oversold.

The current price level is -39.15%, -88.31%, and -91.95% away from its SMA20, SMA50, and SMA200 respectively, with the DEVS price moving above the 50-day SMA on current market day. DevvStream Corp (DEVS) stock is up 48.57% over the week and -91.23% over the past month. Its price is -92.75% year-to-date and -92.27% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 7.24M with insiders holding 211.61% of the shares and institutional holders owning 30.95% of the company’s common stock. The company has a return on investment of -56.70% and return on equity of -14.56%. The beta has a value of -0.46. Price to book ratio is 0.86.