Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Talkspace Inc (NASDAQ: TALK) was $2.45 for the day, up 5.60% from the previous closing price of $2.32. In other words, the price has increased by $5.60 from its previous closing price. On the day, 2.67 million shares were traded. TALK stock price reached its highest trading level at $2.505 during the session, while it also had its lowest trading level at $2.33.
Ratios:
Our analysis of TALK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 7.24 and its Current Ratio is at 7.24. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On January 03, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $2.50.
On December 02, 2021, Jefferies started tracking the stock assigning a Hold rating and target price of $2.Jefferies initiated its Hold rating on December 02, 2021, with a $2 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 18 ’24 when Harris Ian Jiro bought 27,500 shares for $2.07 per share. The transaction valued at 56,925 led to the insider holds 374,557 shares of the business.
Harris Ian Jiro bought 23,100 shares of TALK for $48,741 on Sep 19 ’24. The Chief Financial Officer now owns 397,657 shares after completing the transaction at $2.11 per share. On Sep 17 ’24, another insider, Harris Ian Jiro, who serves as the Chief Financial Officer of the company, bought 19,500 shares for $2.20 each. As a result, the insider paid 42,900 and bolstered with 347,057 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TALK now has a Market Capitalization of 412119424 and an Enterprise Value of 297206976. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.39 while its Price-to-Book (P/B) ratio in mrq is 3.61. Its current Enterprise Value per Revenue stands at 1.723 whereas that against EBITDA is -24.938.
Stock Price History:
Over the past 52 weeks, TALK has reached a high of $3.92, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is 25.80%, while the 200-Day Moving Average is calculated to be -2.10%.
Shares Statistics:
TALK traded an average of 1.74M shares per day over the past three months and 2330470 shares per day over the past ten days. A total of 168.43M shares are outstanding, with a floating share count of 127.92M. Insiders hold about 23.96% of the company’s shares, while institutions hold 44.30% stake in the company. Shares short for TALK as of 1727654400 were 6515014 with a Short Ratio of 3.75, compared to 1724976000 on 6676538. Therefore, it implies a Short% of Shares Outstanding of 6515014 and a Short% of Float of 5.06.
