Talkspace (TALK) Set to Announce Quarterly Earnings on Tuesday

Talkspace (NASDAQ:TALK) will be issuing 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. Parties that wish to register for the company’s conference call can do so using this link.

Talkspace Stock Performance

Shares of Talkspace stock opened at $2.81 on Tuesday. Talkspace has a one year low of $1.41 and a one year high of $3.92. The stock’s fifty day moving average is $2.07 and its 200 day moving average is $2.38. The stock has a market cap of $476.81 million, a P/E ratio of -35.13 and a beta of 1.21.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at Talkspace

In other Talkspace news, CFO Ian Jiro Harris purchased 23,100 shares of the firm’s stock in a transaction on 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 completion of the acquisition, the chief financial officer now directly owns 397,657 shares in the company, valued at $839,056.27. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 18.40% of the company’s stock.

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.