DevvStream (NASDAQ:DEVS) Raised to Hold at Wall Street Zen

DevvStream (NASDAQ:DEVS) was upgraded by analysts at Wall Street Zen to a “hold” rating in a research report issued on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of DevvStream in a report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

DevvStream Price Performance

Shares of DevvStream stock opened at $0.58 on Friday. DevvStream has a 1 year low of $0.11 and a 1 year high of $10.10. The firm’s 50-day moving average is $0.40 and its two-hundred day moving average is $0.91. The stock has a market cap of $3.10 million, a price-to-earnings ratio of -0.38 and a beta of 0.36.

DevvStream (NASDAQ:DEVS) last issued its earnings results on Friday, March 13th. The company reported ($0.80) earnings per share (EPS) for the quarter. The business had revenue of $0.01 million for the quarter.

Institutional Trading of DevvStream

A hedge fund recently bought a new stake in DevvStream stock. DRW Securities LLC purchased a new stake in DevvStream Corp. (NASDAQ:DEVS) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 68,746 shares of the company’s stock, valued at approximately $94,000. DRW Securities LLC owned approximately 1.79% of DevvStream as of its most recent filing with the SEC. 75.79% of the stock is currently owned by institutional investors and hedge funds.

About DevvStream

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.