Nutex Health Inc. (NASDAQ:NUTX - Get Free Report)'s stock price rose 1% during mid-day trading on Thursday . The stock traded as high as $35.49 and last traded at $33.67. Approximately 68,164 shares changed hands during mid-day trading, an increase of 58% from the average daily volume of 43,148 shares. The stock had previously closed at $33.33.
Wall Street Analyst Weigh In
Several analysts recently commented on the company. Maxim Group boosted their price target on Nutex Health from $45.00 to $50.00 and gave the company a "buy" rating in a research note 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 Research Report on NUTX
Nutex Health Price Performance
The stock has a fifty day moving average of $28.61 and a 200-day moving average of $18.11. The firm has a market capitalization of $190.24 million, a P/E ratio of -3.73 and a beta of 0.12. The company has a quick ratio of 1.74, a current ratio of 1.77 and a debt-to-equity ratio of 3.36.
Hedge Funds Weigh In On Nutex Health
Institutional investors have recently modified their holdings of the stock. Beaird Harris Wealth Management LLC bought a new position in Nutex Health in the 3rd quarter valued at $69,000. State Street Corp acquired a new position in shares of Nutex Health during the third quarter valued at $225,000. Thompson Davis & CO. Inc. bought a new position in Nutex Health in the third quarter valued at about $494,000. International Assets Investment Management LLC acquired a new stake in Nutex Health in the third quarter worth about $188,000. Finally, Essex Investment Management Co. LLC bought a new stake in Nutex Health during the 3rd quarter worth about $1,579,000. 5.32% of the stock is owned by 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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