Essex Investment Management Co. LLC Buys 33,024 Shares of Nutex Health Inc. (NASDAQ:NUTX)

Essex Investment Management Co. LLC raised its stake in Nutex Health Inc. (NASDAQ:NUTX - Free Report) by 45.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 105,809 shares of the company's stock after purchasing an additional 33,024 shares during the period. Essex Investment Management Co. LLC owned 1.95% of Nutex Health worth $3,353,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of NUTX. Thompson Davis & CO. Inc. acquired a new position in Nutex Health in the 3rd quarter valued at about $494,000. State Street Corp bought a new stake in shares of Nutex Health during the third quarter worth approximately $225,000. Beaird Harris Wealth Management LLC acquired a new position in shares of Nutex Health in the third quarter valued at approximately $69,000. Drive Wealth Management LLC bought a new position in shares of Nutex Health during the fourth quarter worth approximately $1,122,000. Finally, Baader Bank Aktiengesellschaft acquired a new stake in Nutex Health during the 4th quarter worth approximately $206,000. 5.32% of the stock is owned by institutional investors.

Nutex Health Price Performance

Shares of NASDAQ NUTX traded down $0.50 during mid-day trading on Thursday, reaching $45.68. The company had a trading volume of 29,594 shares, compared to its average volume of 48,508. The firm has a market cap of $248.36 million, a price-to-earnings ratio of -4.87 and a beta of 0.01. The business's 50-day simple moving average is $47.18 and its 200 day simple moving average is $34.01. Nutex Health Inc. has a one year low of $4.16 and a one year high of $69.45. The company has a debt-to-equity ratio of 3.36, a quick ratio of 1.74 and a current ratio of 1.77.

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Analyst Ratings Changes

Separately, Maxim Group raised their price target on shares of Nutex Health from $50.00 to $75.00 and gave the stock a "buy" rating in a research report on Thursday, February 13th.

Nutex Health Company Profile

Nutex Health Inc operates as a physician-led, healthcare services, and operations company. It operates through three segments: Hospital, Population Health Management (PHM), and Real Estate. The PHM segment establishes and operates independent physician associations; and offers a cloud-based platform for healthcare organizations to provide value-based care and population health management.