Talkspace (TALK) to Post Earnings on Tuesday

Talkspace (NASDAQ:TALK - Get Free Report) is scheduled to 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. Individual that wish to listen to the company's earnings conference call can do so using this link.

Talkspace Stock Up 1.8 %

Shares of TALK stock traded up $0.05 on Tuesday, reaching $2.86. The company's stock had a trading volume of 2,643,508 shares, compared to its average volume of 1,535,436. The company has a market capitalization of $485.30 million, a P/E ratio of -35.75 and a beta of 1.21. Talkspace has a 12-month low of $1.41 and a 12-month high of $3.92. The stock's 50 day simple moving average is $2.10 and its 200-day simple moving average is $2.38.

Analysts Set New Price Targets

Separately, Needham & Company LLC reiterated a "hold" rating on shares of Talkspace in a research report on Tuesday, August 6th.

Insider Transactions at Talkspace

In related news, CFO Ian Jiro Harris bought 19,500 shares of the business's stock in a transaction that occurred on Tuesday, September 17th. The stock was bought at an average cost of $2.20 per share, for a total transaction of $42,900.00. Following the completion of the transaction, the chief financial officer now owns 347,057 shares of the company's stock, valued at approximately $763,525.40. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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.