Talkspace Inc (NASDAQ: TALK) on Monday, plunged -0.32% from the previous trading day, before settling in for the closing price of $3.14. Within the past 52 weeks, TALK’s price has moved between $1.41 and $3.92.
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A company in the Healthcare sector has jumped its sales by 44.86% annually for the last half of the decade. The company achieved an average annual earnings per share of 106.25%. With a float of $127.92 million, this company’s outstanding shares have now reached $168.43 million.
In an organization with 472 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 46.91%, operating margin of -4.04%, and the pretax margin is -0.52%.
Talkspace Inc (TALK) Insider and Institutional Ownership
Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of Talkspace Inc is 23.96%, while institutional ownership is 43.12%. The most recent insider transaction that took place on Sep 18 ’24, was worth 56,925. In this transaction Chief Financial Officer of this company bought 27,500 shares at a rate of $2.07, taking the stock ownership to the 374,557 shares. Before that another transaction happened on Sep 19 ’24, when Company’s Chief Financial Officer bought 23,100 for $2.11, making the entire transaction worth $48,741. This insider now owns 397,657 shares in total.
Talkspace Inc (TALK) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 106.25% per share during the next fiscal year.
Talkspace Inc (NASDAQ: TALK) Trading Performance Indicators
Talkspace Inc (TALK) is currently performing well based on its current performance indicators. A quick ratio of 7.24 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.91. Likewise, its price to free cash flow for the trailing twelve months is 241.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.01, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.06 in one year’s time.
Technical Analysis of Talkspace Inc (TALK)
Let’s dig in a bit further. During the last 5-days, its volume was 4.13 million. That was better than the volume of 1.6 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 70.32%. Additionally, its Average True Range was 0.20.
During the past 100 days, Talkspace Inc’s (TALK) raw stochastic average was set at 87.43%, which indicates a significant increase from 69.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.26% in the past 14 days, which was higher than the 65.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.31, while its 200-day Moving Average is $2.54. However, in the short run, Talkspace Inc’s stock first resistance to watch stands at $3.20. Second resistance stands at $3.27. The third major resistance level sits at $3.40. If the price goes on to break the first support level at $3.00, it is likely to go to the next support level at $2.87. The third support level lies at $2.80 if the price breaches the second support level.
Talkspace Inc (NASDAQ: TALK) Key Stats
Market capitalization of the company is 528.19 million based on 168,212K outstanding shares. Right now, sales total 150,050 K and income totals -19,180 K. The company made 46,060 K in profit during its latest quarter, and -470 K in sales during its previous quarter.
