In the latest trading session, 1.37 million Talkspace Inc (NASDAQ:TALK) shares changed hands as the company’s beta touched 1.30. With the company’s most recent per share price at $2.68 changed hands at -$0.5 or -15.57% at last look, the market valuation stands at $455.48M. TALK’s current price is a discount, trading about -46.27% off its 52-week high of $3.92. The share price had its 52-week low at $0.80, which suggests the last value was 70.15% up since then. When we look at Talkspace Inc’s average trading volume, we note the 3-month average coming to 1.41 million.
Talkspace Inc (NASDAQ:TALK) trade information
Instantly TALK was in red as seen in intraday trades today. With action -12.25%, the performance over the past five days has been red. The drop to weekly highs of 3.31 subtracted -15.57% to the stock’s daily price. The company’s shares are showing year-to-date upside of 5.71%, with the 5-day performance at -12.25% in the red. However, in the 30-day time frame, Talkspace Inc (NASDAQ:TALK) is -28.02% down.
Talkspace Inc (TALK) estimates and forecasts
Data shows that the Talkspace Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 65.74% over the past 6 months, a 75.00% in annual growth rate that is considerably higher than the industry average of 20.30%. Year-over-year growth is forecast to reach 27.70% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 44.5M. 2 analysts are of the opinion that Talkspace Inc’s revenue for the current quarter will be 46.4M. The company’s revenue for the corresponding quarters a year ago was 33.34M and 35.65M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 33.50%. The estimates for the next quarter sales put growth at 30.20%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 32.57%. The 2024 estimates are for Talkspace Inc earnings to increase by 105.28%.
