Talkspace Inc (NASDAQ: TALK) Not A Good Play Anymore?

Talkspace Inc (TALK) concluded trading on Thursday at a closing price of $3.29, with 10.73 million shares of worth about $35.31 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 88.00% during that period and on February 20, 2025 the price saw a loss of about -14.77%. Currently the company’s common shares owned by public are about 168.92M shares, out of which, 135.92M shares are available for trading.

Stock saw a price change of -20.53% in past 5 days and over the past one month there was a price change of 4.78%. Year-to-date (YTD), TALK shares are showing a performance of 6.47% which increased to 35.39% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.60 but also hit the highest price of $4.36 during that period. The average intraday trading volume for Talkspace Inc shares is 1.53 million. The stock is currently trading -8.01% below its 20-day simple moving average (SMA20), while that difference is down -0.91% for SMA50 and it goes to 23.56% higher than SMA200.

Talkspace Inc (NASDAQ: TALK) currently have 168.92M outstanding shares and institutions hold larger chunk of about 46.09% of that.

The stock has a current market capitalization of $555.75M and its 3Y-monthly beta is at 1.15. PE ratio of stock for trailing 12 months is 506.15, while it has posted earnings per share of $0.01 in the same period. Its PEG reads 3.03 and has Quick Ratio of 6.90 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TALK, volatility over the week remained 10.73% while standing at 6.58% over the month.

Stock’s fiscal year EPS is expected to rise by 533.33% while it is estimated to increase by 117.11% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by KeyBanc Capital Markets on December 09, 2024 offering an Overweight rating for the stock and assigned a target price of $4.50 to it. Coverage by Mizuho stated Talkspace Inc (TALK) stock as an Outperform in their note to investors on December 04, 2024, suggesting a price target of $5 for the stock. Stock get an Equal weight rating from Barclays on January 03, 2024.

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