DevvStream (NASDAQ:DEVS) Releases Quarterly Earnings Results

DevvStream (NASDAQ:DEVS) issued its quarterly earnings results on Tuesday. The company reported ($0.14) earnings per share for the quarter, Zacks reports.

DevvStream Price Performance

NASDAQ DEVS traded down $0.06 on Tuesday, hitting $1.63. 55,538 shares of the company were exchanged, compared to its average volume of 744,126. DevvStream has a twelve month low of $1.36 and a twelve month high of $13.50. The firm has a market capitalization of $6.26 million, a P/E ratio of -0.60 and a beta of 0.56. The company’s 50 day moving average price is $1.89 and its 200-day moving average price is $2.74.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Wall Street Zen downgraded DevvStream from a “hold” rating to a “sell” rating in a research note on Saturday, October 18th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of DevvStream in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

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.