Nutex Health (NASDAQ:NUTX - Get Free Report) released its quarterly earnings results on Monday. The company reported $11.12 earnings per share for the quarter, topping the consensus estimate of ($0.09) by $11.21, Zacks reports. Nutex Health had a negative net margin of 14.09% and a negative return on equity of 51.27%. The business had revenue of $81.30 million for the quarter, compared to the consensus estimate of $81.13 million.
Nutex Health Stock Performance
Nutex Health stock traded down $0.30 during midday trading on Friday, hitting $71.37. The stock had a trading volume of 64,071 shares, compared to its average volume of 52,301. Nutex Health has a 52-week low of $4.16 and a 52-week high of $76.89. The company has a market capitalization of $394.53 million, a PE ratio of -7.60 and a beta of 0.27. The firm's fifty day moving average is $55.05 and its two-hundred day moving average is $38.27. The company has a current ratio of 1.77, a quick ratio of 1.74 and a debt-to-equity ratio of 3.36.
Analyst Ratings Changes
Separately, Maxim Group raised their target price on Nutex Health from $50.00 to $75.00 and gave the stock a "buy" rating in a report on Thursday, February 13th.
Get Our Latest Stock Analysis on NUTX
Hedge Funds Weigh In On Nutex Health
An institutional investor recently raised its position in Nutex Health stock. Bank of America Corp DE increased its position in Nutex Health Inc. (NASDAQ:NUTX - Free Report) by 6,590.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,074 shares of the company's stock after buying an additional 2,043 shares during the period. Bank of America Corp DE's holdings in Nutex Health were worth $66,000 at the end of the most recent quarter. 5.32% of the stock is currently owned by hedge funds and other institutional investors.
About Nutex Health
(
Get 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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