Talkspace Inc (NASDAQ: TALK) has seen a decline in its stock price by -18.55 in relation to its previous close of 3.18. However, the company has experienced a -15.36% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-07 that Talkspace, Inc. (TALK) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.05 per share a year ago.
Is It Worth Investing in Talkspace Inc (NASDAQ: TALK) Right Now?
Company’s 36-month beta value is 1.30.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TALK is 122.36M, and currently, short sellers hold a 3.04% ratio of that floaft. The average trading volume of TALK on May 07, 2024 was 1.41M shares.
TALK’s Market Performance
TALK’s stock has seen a -15.36% decrease for the week, with a -30.56% drop in the past month and a 7.92% gain in the past quarter. The volatility ratio for the week is 4.24%, and the volatility levels for the past 30 days are at 5.71% for Talkspace Inc The simple moving average for the past 20 days is -19.20% for TALK’s stock, with a 11.96% simple moving average for the past 200 days.
Analysts’ Opinion of TALK
Many brokerage firms have already submitted their reports for TALK stocks, with Barclays repeating the rating for TALK by listing it as a “Equal Weight.” The predicted price for TALK in the upcoming period, according to Barclays is $2.50 based on the research report published on January 03, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see TALK reach a price target of $2. The rating they have provided for TALK stocks is “Hold” according to the report published on December 02nd, 2021.
TALK Trading at -20.33% from the 50-Day Moving Average
After a stumble in the market that brought TALK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.93% of loss for the given period.
Volatility was left at 5.71%, however, over the last 30 days, the volatility rate increased by 4.24%, as shares sank -28.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.59% lower at present.
During the last 5 trading sessions, TALK fell by -11.76%, which changed the moving average for the period of 200-days by +107.69% in comparison to the 20-day moving average, which settled at $3.15. In addition, Talkspace Inc saw 1.97% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TALK
Current profitability levels for the company are sitting at:
- -0.15 for the present operating margin
- 0.5 for the gross margin
The net margin for Talkspace Inc stands at -0.13. The total capital return value is set at -0.19. Equity return is now at value -15.58, with -12.85 for asset returns.
Currently, EBITDA for the company is -22.01 million with net debt to EBITDA at 5.63. When we switch over and look at the enterprise to sales, we see a ratio of 2.11. The receivables turnover for the company is 14.75for trailing twelve months and the total asset turnover is 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.46.
Conclusion
In a nutshell, Talkspace Inc (TALK) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
