Talkspace Inc [NASDAQ: TALK] loss -2.55% on the last trading session, reaching $1.91 price per share at the time.
If compared to the average trading volume of 1.39M shares, TALK reached a trading volume of 3658473 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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
Here is what top equities market gurus are saying about Talkspace Inc [TALK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TALK shares is $3.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TALK stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Talkspace Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 01, 2024. While these analysts kept the previous recommendation, Barclays raised their target price to Equal Weight. The new note on the price target was released on January 03, 2024, representing the official price target for Talkspace Inc stock. Previously, the target price had yet another raise to $2, while Jefferies analysts kept a Hold rating on TALK stock.
The Average True Range (ATR) for Talkspace Inc is set at 0.10, with the Price to Sales ratio for TALK stock in the period of the last 12 months amounting to 1.86. The Price to Book ratio for the last quarter was 2.82, with the Price to Cash per share for the same quarter was set at 0.68.
Trading performance analysis for TALK stock
Talkspace Inc [TALK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.91. With this latest performance, TALK shares gained by 9.14% in over the last four-week period, additionally sinking by -40.50% over the last 6 months – not to mention a rise of 13.02% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TALK stock in for the last two-week period is set at 53.81, with the RSI for the last a single of trading hit 57.47, and the three-weeks RSI is set at 50.36 for Talkspace Inc [TALK]. The present Moving Average for the last 50 days of trading for this stock 1.9096, while it was recorded at 1.8660 for the last single week of trading, and 2.5129 for the last 200 days.
Talkspace Inc [TALK]: A deeper dive into fundamental analysis
Talkspace Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.24 and a Current Ratio set at 7.24.
Talkspace Inc [TALK]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Talkspace Inc posted -0.03/share EPS, while the average EPS was predicted by analysts to be reported at -0.03/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TALK.
An analysis of Institutional ownership at Talkspace Inc [TALK]
There are presently around $73.28%, or 75.69%% of TALK stock, in the hands of institutional investors. The top three institutional holders of TALK stocks are: NVP ASSOCIATES, LLC with ownership of 14.7 million shares, which is approximately 8.7079%. HUDSON EXECUTIVE CAPITAL LP, holding 11.34 million shares of the stock with an approximate value of $$22.53 million in TALK stocks shares; and HUDSON EXECUTIVE CAPITAL LP, currently with $$17.71 million in TALK stock with ownership which is approximately 4.5607%.
