During the last session, Talkspace Inc (NASDAQ:TALK)’s traded shares were 0.34 million, with the beta value of the company hitting 1.29. At the end of the trading day, the stock’s price was $3.12, reflecting an intraday gain of 1.30% or $0.04. The 52-week high for the TALK share is $3.92, that puts it down -25.64 from that peak though still a striking 76.28% gain since the share price plummeted to a 52-week low of $0.74. The company’s market capitalization is $526.97M, and the average trade volume was 1.39 million shares over the past three months.
Talkspace Inc (NASDAQ:TALK) trade information
Talkspace Inc (TALK) registered a 1.30% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.30% in intraday trading to $3.12, hitting a weekly high. The stock’s 5-day price performance is -0.64%, and it has moved by -12.61% in 30 days. Based on these gigs, the overall price performance for the year is 290.10%.
Talkspace Inc (TALK) estimates and forecasts
Statistics show that Talkspace Inc has outperformed its competitors in share price, compared to the industry in which it operates. Talkspace Inc (TALK) shares have gone up 67.74% during the last six months, with a year-to-date growth rate more than the industry average at 75.00% against 20.30. In the rating firms’ projections, revenue will increase 27.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 44.5M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 46.4M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 33.34M and 35.65M respectively. In this case, analysts expect current quarter sales to grow by 33.50% and then jump by 30.20% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 32.57%. While earnings are projected to return 105.28% in 2024.
TALK Dividends
Talkspace Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
