When Will DevvStream Corp (NASDAQ: DEVS) Be A Good Investment?

In the latest trading session, 1.66 million DevvStream Corp (NASDAQ:DEVS) shares changed hands as the company’s beta touched -0.31. With the company’s most recent per share price at $0.34 changed hands at -$0.01 or -2.86% at last look, the market valuation stands at $9.88M. DEVS’s current price is a discount, trading about -4452.94% off its 52-week high of $15.48. The share price had its 52-week low at $0.30, which suggests the last value was 11.76% up since then. When we look at DevvStream Corp’s average trading volume, we note the 10-day average is 0.21 million shares, with the 3-month average coming to 974.52K.

DevvStream Corp (NASDAQ:DEVS) trade information

Instantly DEVS was in red as seen in intraday trades today. With action -3.57%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -54.79%, with the 5-day performance at -3.57% in the red. However, in the 30-day time frame, DevvStream Corp (NASDAQ:DEVS) is -28.01% down. Looking at the short shares, we see there were 0.16 million shares sold at short interest cover period of 0.78 days.

DevvStream Corp (NASDAQ:DEVS)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 26.72% of DevvStream Corp shares while 3.63% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 4.96%. With 5.89 shares estimated at $1930.0 under it, the former controlled 0.02% of total outstanding shares.