Talkspace Inc (NASDAQ: TALK) is -2.75% lower on its value in year-to-date trading and has touched a low of $1.60 and a high of $4.36 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TALK stock was last observed hovering at around $3.29 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $3.01, the stock is -15.76% and -9.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.02 million and changing -8.66% at the moment leaves the stock 12.89% off its SMA200. TALK registered 21.66% gain for a year compared to 6-month gain of 73.70%.
The stock witnessed a -4.91% loss in the last 1 month and extending the period to 3 months gives it a 0.50%, and is -27.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.29% over the week and 7.07% over the month.
Talkspace Inc (TALK) has around 472 employees, a market worth around $507.61M and $187.59M in sales. Current P/E ratio is 462.31 and Fwd P/E is 24.23. Profit margin for the company is 0.61%. Distance from 52-week low is 87.81% and -31.00% from its 52-week high. The company has generated returns on investments over the last 12 months (0.98%).
The EPS is expected to grow by 483.33% this year.
Talkspace Inc (TALK) Top Institutional Holders
The shares outstanding are 168.92M, and float is at 135.94M with Short Float at 4.42%.
The top institutional shareholder in the company is NVP ASSOCIATES, LLC with over 14.7 million shares valued at $33.82 million. The investor’s holdings represent 8.6923% of the TALK Shares outstanding. As of 2024-06-30, the second largest holder is HUDSON EXECUTIVE CAPITAL LP with 11.34 million shares valued at $$22.53 million to account for 6.7045 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 7.7 million shares representing 4.5607% and valued at over $17.71 million, while REVOLUTION GROWTH MANAGEMENT COMPANY, INC. holds 4.5469 of the shares totaling 7.69 million with a market value of $17.69 million.
Talkspace Inc (TALK) Insider Activity
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Still, SEC filings show that on Dec 02 ’24, Margolin Gil (CTO) Proposed Sale 3,516 shares at an average price of $3.40 for $11954.0. The insider now directly holds shares of Talkspace Inc (TALK).
