Talkspace (TALK) Scheduled to Post Earnings on Tuesday

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

Talkspace Trading Up 1.8 %

NASDAQ TALK opened at $2.78 on Friday. The firm’s fifty day simple moving average is $2.16 and its two-hundred day simple moving average is $2.37. Talkspace has a 12-month low of $1.41 and a 12-month high of $3.92. The firm has a market capitalization of $467.62 million, a P/E ratio of -55.60 and a beta of 1.21.

Insider Activity

In related news, CFO Ian Jiro Harris acquired 19,500 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were purchased at an average cost of $2.20 per share, with a total value of $42,900.00. Following the completion of the acquisition, the chief financial officer now directly owns 347,057 shares of the company’s stock, valued at $763,525.40. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 21.70% of the company’s stock.

Wall Street Analysts Forecast Growth

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