DevvStream Corp (DEVS) Shares Down Despite Recent Market Volatility

DevvStream Corp (NASDAQ: DEVS)’s stock price has gone decline by -10.66 in comparison to its previous close of 0.35, however, the company has experienced a -11.32% decrease in its stock price over the last five trading days. newsfilecorp.com reported 2025-03-18 that Partnering with e-commerce agencies, technology integrators, and 3PL providers to drive adoption of its D-PIVOT carbon offset tool across Shopify storefronts New agreements with Zing (e-commerce marketing/software) and Minimus Fulfillment (3PL for celebrity and creator brands) strengthen DevvStream’s leadership in the carbon offset market Calgary, Alberta–(Newsfile Corp. – March 18, 2025) – DevvStream Corp. (NASDAQ: DEVS) (“DevvStream” or the “Company”), a leading carbon credit project co-development and generation firm specializing in technology-based solutions, today announced a major expansion of its e-commerce sustainability strategy through partnerships designed to accelerate adoption and revenue growth for its previously announced DevvStream Personal Impact Voluntary Offset Tool (“D-PIVOT”). D-PIVOT is a free Shopify-integrated software tool that enables consumers to offset the carbon footprint of their online purchases by supporting verified, high-integrity environmental projects, including clean water access, rainforest preservation, and indigenous-led conservation programs.

Is It Worth Investing in DevvStream Corp (NASDAQ: DEVS) Right Now?

Moreover, the 36-month beta value for DEVS is -0.31.

The public float for DEVS is 3.13M and currently, short sellers hold a 5.22% of that float. On March 18, 2025, DEVS’s average trading volume was 974.52K shares.

DEVS’s Market Performance

DEVS stock saw a decrease of -11.32% in the past week, with a monthly decline of -33.79% and a quarterly a decrease of -51.97%. The volatility ratio for the week is 8.27%, and the volatility levels for the last 30 days are 11.88% for DevvStream Corp (DEVS). The simple moving average for the last 20 days is -18.46% for DEVS’s stock, with a simple moving average of -95.15% for the last 200 days.

DEVS Trading at -37.64% from the 50-Day Moving Average

After a stumble in the market that brought DEVS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.98% of loss for the given period.

Volatility was left at 11.88%, however, over the last 30 days, the volatility rate increased by 8.27%, as shares sank -28.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -53.75% lower at present.

During the last 5 trading sessions, DEVS fell by -3.57%, in comparison to the 20-day moving average, which settled at $0.3848. In addition, DevvStream Corp saw -58.42% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for DEVS

Equity return is now at value -14.56, with -9.65 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.02.

Conclusion

To wrap up, the performance of DevvStream Corp (DEVS) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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