DevvStream (NASDAQ:DEVS) Issues Earnings Results

DevvStream (NASDAQ:DEVS – Get Free Report) posted its earnings results on Monday. The company reported ($0.64) earnings per share (EPS) for the quarter, Zacks reports.

DevvStream Price Performance

Shares of NASDAQ DEVS traded up $0.01 during midday trading on Monday, reaching $0.27. 1,434,422 shares of the company traded hands, compared to its average volume of 11,720,088. DevvStream has a 52 week low of $0.11 and a 52 week high of $10.10. The stock has a 50-day moving average price of $0.38 and a 200 day moving average price of $0.87. The company has a market cap of $1.42 million, a price-to-earnings ratio of -0.17 and a beta of 0.36.

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Institutional Investors Weigh In On DevvStream

A hedge fund recently bought a new stake in DevvStream stock. DRW Securities LLC purchased a new position in DevvStream Corp. (NASDAQ:DEVS – Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 68,746 shares of the company’s stock, valued at approximately $94,000. DRW Securities LLC owned approximately 1.79% of DevvStream at the end of the most recent quarter. 75.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on DEVS shares. Wall Street Zen upgraded DevvStream to a “hold” rating in a research note on Saturday, June 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of DevvStream in a research note on Monday, April 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

View Our Latest Research Report on DEVS

DevvStream Company Profile

(Get Free Report)

DevvStream Holdings Inc is a carbon credit project co-development and generation firm specializing in technology-based solutions. DevvStream Holdings Inc, formerly known as Focus Impact Acquisition Corp., is based in NEW YORK.

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