Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Talkspace Inc (NASDAQ: TALK) closed the day trading at $2.86 up 1.78% from the previous closing price of $2.81. In other words, the price has increased by $1.78 from its previous closing price. On the day, 2.64 million shares were traded. TALK stock price reached its highest trading level at $2.95 during the session, while it also had its lowest trading level at $2.76.
Ratios:
For a better understanding of TALK, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 481086304 and an Enterprise Value of 357763392. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.79 while its Price-to-Book (P/B) ratio in mrq is 4.22. Its current Enterprise Value per Revenue stands at 2.074 whereas that against EBITDA is -30.019.
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 36.78%, while the 200-Day Moving Average is calculated to be 13.79%.
Shares Statistics:
Over the past 3-months, TALK traded about 1.87M shares per day on average, while over the past 10 days, TALK traded about 2119960 shares per day. 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 43.11% stake in the company. Shares short for TALK as of 1727654400 were 6515014 with a Short Ratio of 3.48, compared to 1724976000 on 6676538. Therefore, it implies a Short% of Shares Outstanding of 6515014 and a Short% of Float of 5.06.
