Currently, Talkspace Inc [TALK] is trading at $2.77, up 1.09%. An important factor to consider is whether the stock is rising or falling in short-term value. The TALK shares have gain 13.06% over the last week, with a monthly amount glided 31.90%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Barclays started tracking the stock with Equal Weight rating on January 03, 2024, and set its price target to $2.50. On December 02, 2021, Jefferies initiated with a Hold rating and assigned a price target of $2 on the stock. SVB Leerink downgraded its rating to a Mkt Perform. Robert W. Baird downgraded its rating to a Neutral and reduced its price target to $3 on November 16, 2021. Citigroup downgraded its rating to Neutral for this stock on November 16, 2021, but kept the price target unchanged to $3.50. In a note dated August 19, 2021, Citigroup initiated an Buy rating and provided a target price of $7 on this stock.
This stock has fluctuated between a low of $1.41 and a high of $3.92 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $2.5 within the next 12 months. Talkspace Inc [NASDAQ: TALK] shares were valued at $2.77 at the most recent close of the market. An investor can expect a potential drop of -9.75% based on the average TALK price forecast.
Analyzing the TALK fundamentals
Trailing Twelve Months sales for Talkspace Inc [NASDAQ:TALK] were 172.54M which represents 29.21% growth. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.07 and Total Capital is -0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.74 points at the first support level, and at 2.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.80, and for the 2nd resistance point, it is at 2.83.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Talkspace Inc [NASDAQ:TALK] is 7.24. On the other hand, the Quick Ratio is 7.24, and the Cash Ratio is 6.46. Considering the valuation of this stock, the price to sales ratio is 2.70, the price to book ratio is 4.08.
Transactions by insiders
Recent insider trading involved Harris Ian Jiro, Chief Financial Officer, that happened on Sep 18 ’24 when 27500.0 shares were purchased. Chief Financial Officer, Harris Ian Jiro completed a deal on Sep 19 ’24 to buy 23100.0 shares. Meanwhile, Chief Financial Officer Harris Ian Jiro bought 19500.0 shares on Sep 17 ’24.
