Geode Capital Management LLC decreased its stake in shares of Nutex Health Inc. (NASDAQ:NUTX - Free Report) by 87.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,299 shares of the company's stock after selling 213,846 shares during the period. Geode Capital Management LLC owned about 0.56% of Nutex Health worth $658,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Essex Investment Management Co. LLC bought a new position in shares of Nutex Health in the third quarter valued at approximately $1,579,000. Thompson Davis & CO. Inc. purchased a new position in Nutex Health in the third quarter worth $494,000. State Street Corp bought a new position in Nutex Health in the 3rd quarter valued at $225,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Nutex Health during the 3rd quarter valued at $188,000. Institutional investors own 5.32% of the company's stock.
Nutex Health Stock Performance
NASDAQ:NUTX traded down $0.81 during trading hours on Friday, reaching $30.88. The stock had a trading volume of 24,042 shares, compared to its average volume of 19,490. Nutex Health Inc. has a 12-month low of $4.16 and a 12-month high of $41.44. The company has a debt-to-equity ratio of 3.36, a quick ratio of 1.74 and a current ratio of 1.77. The stock has a 50 day simple moving average of $32.62 and a 200 day simple moving average of $21.83. The stock has a market cap of $167.89 million, a P/E ratio of -3.29 and a beta of 0.18.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on NUTX shares. Maxim Group boosted their price target on shares of Nutex Health from $45.00 to $50.00 and gave the stock a "buy" rating in a report on Tuesday, November 12th. Benchmark boosted their target price on shares of Nutex Health from $45.00 to $60.00 and gave the company a "buy" rating in a research note on Tuesday, November 12th.
Read Our Latest Analysis on Nutex Health
Nutex Health Profile
(
Free Report)
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.
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