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The closing price of Talkspace Inc (NASDAQ: TALK) was $3.07 for the day, down -2.23% from the previous closing price of $3.14. In other words, the price has decreased by $-2.23 from its previous closing price. On the day, 1.09 million shares were traded. TALK stock price reached its highest trading level at $3.175 during the session, while it also had its lowest trading level at $2.995.
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 6.46 and its Current Ratio is at 6.46. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on January 03, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $2.50.
On December 02, 2021, Jefferies started tracking the stock assigning a Hold rating and target price of $2.
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 518535264 and an Enterprise Value of 406449216. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.46 while its Price-to-Book (P/B) ratio in mrq is 4.36. Its current Enterprise Value per Revenue stands at 2.709 whereas that against EBITDA is -18.464.
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 $0.74. The 50-Day Moving Average of the stock is -1.18%, while the 200-Day Moving Average is calculated to be 38.54%.
Shares Statistics:
TALK traded an average of 1.36M shares per day over the past three months and 1689940 shares per day over the past ten days. A total of 168.43M shares are outstanding, with a floating share count of 121.84M. Insiders hold about 27.87% of the company’s shares, while institutions hold 39.33% stake in the company. Shares short for TALK as of 1711584000 were 3058471 with a Short Ratio of 2.25, compared to 1709164800 on 2937816. Therefore, it implies a Short% of Shares Outstanding of 3058471 and a Short% of Float of 2.3599999.
Earnings Estimates
The current market rating for Talkspace Inc (TALK) reflects the collective analysis of TACK analysts closely monitoring its performance.The consensus estimate for the next quarter is $45.53, with high estimates of $30.68 and low estimates of $11.95.
