Nutex Health (NASDAQ:NUTX - Free Report) had its price target boosted by Maxim Group from $75.00 to $100.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.
Nutex Health Stock Up 15.1 %
NASDAQ:NUTX traded up $17.28 during mid-day trading on Tuesday, reaching $132.03. The stock had a trading volume of 244,391 shares, compared to its average volume of 54,462. The stock's 50 day simple moving average is $62.62 and its two-hundred day simple moving average is $41.92. Nutex Health has a 1-year low of $4.16 and a 1-year high of $134.53. The company has a market capitalization of $729.86 million, a price-to-earnings ratio of -14.07 and a beta of 0.27. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.77 and a quick ratio of 1.74.
Nutex Health (NASDAQ:NUTX - Get Free Report) last issued its quarterly earnings results on Monday, March 31st. The company reported $11.12 earnings per share for the quarter, beating analysts' consensus estimates of ($0.09) by $11.21. Nutex Health had a negative return on equity of 51.27% and a negative net margin of 14.09%. The business had revenue of $81.30 million during the quarter, compared to the consensus estimate of $81.13 million.
Hedge Funds Weigh In On Nutex Health
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its stake in Nutex Health by 6,590.3% during the 4th quarter. Bank of America Corp DE now owns 2,074 shares of the company's stock worth $66,000 after buying an additional 2,043 shares during the last quarter. Beaird Harris Wealth Management LLC acquired a new stake in shares of Nutex Health in the 3rd quarter worth about $69,000. Northern Trust Corp bought a new stake in Nutex Health in the 4th quarter valued at about $200,000. Baader Bank Aktiengesellschaft bought a new position in Nutex Health in the 4th quarter worth about $206,000. Finally, Millennium Management LLC acquired a new stake in shares of Nutex Health in the fourth quarter valued at approximately $213,000. 5.32% of the stock is currently owned by institutional investors and hedge funds.
About Nutex Health
(
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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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