Talkspace Inc (TALK) 20 Days SMA touches 3.83%: The odds favor the bear

On Tuesday, Talkspace Inc (NASDAQ: TALK) was -1.44% drop from the session before settling in for the closing price of $3.47. A 52-week range for TALK has been $1.60 – $3.92.

Healthcare Sector giant saw their annual sales surged by 44.86% over the last five years. When this article was written, the company’s average yearly earnings per share was at 108.33%. With a float of $136.27 million, this company’s outstanding shares have now reached $168.82 million.

The firm has a total of 472 workers. Let’s measure their productivity. In terms of profitability, gross margin is 47.04%, operating margin of -4.22%, and the pretax margin is -0.66%.

Talkspace Inc (TALK) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Talkspace Inc stocks. The insider ownership of Talkspace Inc is 19.33%, while institutional ownership is 45.72%. The most recent insider transaction that took place on Dec 02 ’24, was worth 11,954. Before that another transaction happened on Nov 20 ’24, when Company’s Chief Technology Officer sold 134,654 for $3.10, making the entire transaction worth $416,943. This insider now owns 288,117 shares in total.

Talkspace Inc (TALK) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.01 earnings per share (EPS) during the time that was better than consensus figure (set at -0.03) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 108.33% per share during the next fiscal year.

Talkspace Inc (NASDAQ: TALK) Trading Performance Indicators

You can see what Talkspace Inc (TALK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 6.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.19. Likewise, its price to free cash flow for the trailing twelve months is 263.80.

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)

Analysing the last 5-days average volume posted by the [Talkspace Inc, TALK], we can find that recorded value of 1.34 million was lower than the volume posted last year of 1.61 million. As of the previous 9 days, the stock’s Stochastic %D was 76.84%. Additionally, its Average True Range was 0.18.

During the past 100 days, Talkspace Inc’s (TALK) raw stochastic average was set at 91.46%, which indicates a significant increase from 76.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.62% in the past 14 days, which was lower than the 63.58% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.86, while its 200-day Moving Average is $2.63. Now, the first resistance to watch is $3.48. This is followed by the second major resistance level at $3.53. The third major resistance level sits at $3.58. If the price goes on to break the first support level at $3.37, it is likely to go to the next support level at $3.32. Should the price break the second support level, the third support level stands at $3.27.

Talkspace Inc (NASDAQ: TALK) Key Stats

There are 168,923K outstanding shares of the company, which has a market capitalization of 577.71 million. As of now, sales total 150,050 K while income totals -19,180 K. Its latest quarter income was 47,400 K while its last quarter net income were 1,870 K.