Talkspace (TALK) to Release Earnings on Tuesday

Talkspace (NASDAQ:TALK) is set to announce its quarterly earnings data before the market opens on Tuesday, October 29th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Talkspace Price Performance

TALK stock opened at $2.78 on Monday. Talkspace has a 1-year low of $1.41 and a 1-year high of $3.92. The business has a 50 day simple moving average of $2.16 and a two-hundred day simple moving average of $2.36. The company has a market capitalization of $467.62 million, a price-to-earnings ratio of -55.60 and a beta of 1.21.

Insider Buying and Selling at Talkspace

In other news, CFO Ian Jiro Harris acquired 23,100 shares of the firm’s stock in a transaction dated Thursday, September 19th. The shares were acquired at an average cost of $2.11 per share, with a total value of $48,741.00. Following the acquisition, the chief financial officer now directly owns 397,657 shares of the company’s stock, valued at approximately $839,056.27. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 21.70% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reaffirmed a “hold” rating on shares of Talkspace in a research note on Tuesday, August 6th.

About Talkspace

Talkspace, Inc operates as a virtual behavioral healthcare company in the United States. The company offers psychotherapy and psychiatry services through its platform to individuals, enterprises, and health plans and employee assistance programs. It provides text, audio, and video-based psychotherapy from licensed therapists.