Ratios Revealed: Decoding Talkspace Inc (TALK)’s Financial Health

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The closing price of Talkspace Inc (NASDAQ: TALK) was $2.17 for the day, up 13.61% from the previous closing price of $1.91. In other words, the price has increased by $13.61 from its previous closing price. On the day, 21.68 million shares were traded. TALK stock price reached its highest trading level at $2.5 during the session, while it also had its lowest trading level at $2.14.

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 May 21 ’24 when Watson Katelyn sold 94,018 shares for $2.70 per share. The transaction valued at 253,849 led to the insider holds 478,473 shares of the business.

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 365020064 and an Enterprise Value of 250107568. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.12 while its Price-to-Book (P/B) ratio in mrq is 3.20. Its current Enterprise Value per Revenue stands at 1.45 whereas that against EBITDA is -20.986.

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 13.64%, while the 200-Day Moving Average is calculated to be -13.64%.

Shares Statistics:

TALK traded an average of 1.43M shares per day over the past three months and 2952650 shares per day over the past ten days. A total of 168.43M shares are outstanding, with a floating share count of 127.89M. Insiders hold about 23.97% of the company’s shares, while institutions hold 45.26% stake in the company. Shares short for TALK as of 1724976000 were 6676538 with a Short Ratio of 4.68, compared to 1722384000 on 7542451. Therefore, it implies a Short% of Shares Outstanding of 6676538 and a Short% of Float of 5.19.

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