Talkspace Inc (NASDAQ: TALK) kicked off on November 20, 2023, at the price of $1.86, up 3.26% from the previous trading day. During the day, the shares moved up to $1.92 and dropped to $1.84 before settling in for the closing price of $1.84. Over the past 52 weeks, TALK has traded in a range of $0.53-$2.13.
It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 51.32%. While this was happening, its average annual earnings per share was recorded 74.03%. With a float of $114.31 million, this company’s outstanding shares have now reached $161.16 million.
The extent of productivity of a business whose workforce counts for 339 workers is very important to gauge. In terms of profitability, gross margin is +50.13, operating margin of -64.42, and the pretax margin is -66.42.
Talkspace Inc (TALK) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Health Information Services Industry. The insider ownership of Talkspace Inc is 31.59%, while institutional ownership is 33.51%.
Talkspace Inc (TALK) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported -$0.03 earnings per share (EPS), higher than consensus estimate (set at -$0.03) by $0. This company achieved a net margin of -66.63 while generating a return on equity of -49.82. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 74.03% per share during the next fiscal year.
Talkspace Inc (NASDAQ: TALK) Trading Performance Indicators
Take a look at Talkspace Inc’s (TALK) current performance indicators. Last quarter, stock had a quick ratio of 6.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.22, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of Talkspace Inc (TALK)
The latest stats from [Talkspace Inc, TALK] show that its last 5-days average volume of 1.35 million was superior to 0.59 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 92.35%. Additionally, its Average True Range was 0.12.
During the past 100 days, Talkspace Inc’s (TALK) raw stochastic average was set at 76.29%, which indicates a significant decrease from 84.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.05% in the past 14 days, which was higher than the 59.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8478, while its 200-day Moving Average is $1.2976. Now, the first resistance to watch is $1.9333. This is followed by the second major resistance level at $1.9667. The third major resistance level sits at $2.0133. If the price goes on to break the first support level at $1.8533, it is likely to go to the next support level at $1.8067. The third support level lies at $1.7733 if the price breaches the second support level.
Talkspace Inc (NASDAQ: TALK) Key Stats
The company with the Market Capitalisation of 317.47 million has total of 167,095K Shares Outstanding. Its annual sales at the moment are 119,570 K in contrast with the sum of -79,670 K annual income. Company’s last quarter sales were recorded 38,650 K and last quarter income was -4,410 K.