Talkspace Inc (NASDAQ:TALK) traded at $3.35 at last check on current trade day and made a downward move of -0.15% on its previous day’s price.
Talkspace Inc has a market cap of $559.67 million and is expected to release its quarterly earnings report in July.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 54.08M, with a low of 46M and a high of 57.55M. The median projection represents growth squeezing down to 17.41% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 225.08M, or 19.98% up from figures reported last year.
Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the Talkspace Inc (TALK) stock as a Hold, while 0 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the TALK stock currently stands at 1.22, and the most recent price level today is 9.63% off its SMA20 and 14.49% from its 50-day simple moving average. The RSI (14) is pointing at 64.06 while the volatility over the past week is 5.68% and jumps to 3.48% over the past one month. The beta value is 1.12, while the average true range (ATR) is currently pointing at 0.18. The average price target for the stock over the next 12 months is $5, with the estimates having a low of $5 and a high of $5. These price ends are -49.25% and -49.25% off the today’s price level respectively, although investors could be excited at the prospect of a -49.25% if the TALK share price touches on the median price of $5.
