Nutex Health (NASDAQ:NUTX) Reaches New 12-Month Low at $1.03

Shares of Nutex Health Inc. (NASDAQ:NUTX - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $1.03 and last traded at $1.05, with a volume of 690814 shares changing hands. The stock had previously closed at $1.17.

Analysts Set New Price Targets

Separately, Benchmark reduced their price target on Nutex Health from $22.50 to $15.00 and set a "buy" rating for the company in a report on Thursday, January 25th.

Nutex Health Price Performance

The business has a fifty day moving average of $1.57 and a two-hundred day moving average of $2.51. The company has a debt-to-equity ratio of 3.04, a quick ratio of 1.50 and a current ratio of 1.56. The firm has a market capitalization of $727.24 million, a price-to-earnings ratio of -12.20 and a beta of 0.44.

Institutional Trading of Nutex Health

Hedge funds have recently modified their holdings of the stock. One Plus One Wealth Management LLC raised its holdings in Nutex Health by 2,017.5% in the 1st quarter. One Plus One Wealth Management LLC now owns 5,293,720 shares of the company's stock valued at $508,000 after acquiring an additional 5,043,720 shares during the period. Beaird Harris Wealth Management LLC grew its position in shares of Nutex Health by 210.0% in the fourth quarter. Beaird Harris Wealth Management LLC now owns 930,282 shares of the company's stock valued at $167,000 after purchasing an additional 630,168 shares during the last quarter. GSA Capital Partners LLP increased its stake in shares of Nutex Health by 67.1% during the fourth quarter. GSA Capital Partners LLP now owns 507,362 shares of the company's stock worth $91,000 after purchasing an additional 203,658 shares during the period. GDS Wealth Management lifted its holdings in Nutex Health by 98.2% during the 4th quarter. GDS Wealth Management now owns 1,110,051 shares of the company's stock worth $200,000 after purchasing an additional 550,026 shares during the last quarter. Finally, Truist Financial Corp boosted its stake in Nutex Health by 86.0% in the 4th quarter. Truist Financial Corp now owns 4,367,317 shares of the company's stock valued at $786,000 after purchasing an additional 2,018,966 shares during the period. Institutional investors and hedge funds own 5.32% of the company's stock.

About Nutex Health

Nutex Health Inc operates as a network of micro-hospitals. It operates through three segments: Hospital, Population Health Management, and Real Estate. The Hospital segment develops and operates a network of micro-hospitals, specialty hospitals and hospital outpatient departments which offers 24/7 care.