A new trading day began on Monday, with Talkspace Inc (NASDAQ: TALK) stock price up 5.15% from the previous day of trading, before settling in for the closing price of $3.30. TALK’s price has ranged from $1.41 to $3.92 over the past 52 weeks.
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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. Meanwhile, its annual earnings per share averaged 106.25%. With a float of $136.18 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of Talkspace Inc is 19.38%, while institutional ownership is 43.21%. 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
Here are Talkspace Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 6.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.26. Likewise, its price to free cash flow for the trailing twelve months is 270.11.
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 1.94 million. That was better than the volume of 1.61 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 87.86%. Additionally, its Average True Range was 0.19.
During the past 100 days, Talkspace Inc’s (TALK) raw stochastic average was set at 93.97%, which indicates a significant increase from 87.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.13% in the past 14 days, which was higher than the 65.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.46, while its 200-day Moving Average is $2.56. However, in the short run, Talkspace Inc’s stock first resistance to watch stands at $3.60. Second resistance stands at $3.72. The third major resistance level sits at $3.86. If the price goes on to break the first support level at $3.34, it is likely to go to the next support level at $3.20. The third support level lies at $3.08 if the price breaches the second support level.
Talkspace Inc (NASDAQ: TALK) Key Stats
With a market capitalization of 591.54 million, the company has a total of 168,212K Shares Outstanding. Currently, annual sales are 150,050 K while annual income is -19,180 K. The company’s previous quarter sales were 47,400 K while its latest quarter income was 1,870 K.
