Shares of Nutex Health Inc. (NASDAQ:NUTX - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 87,828 shares were traded during mid-day trading, a decline of 45% from the previous session's volume of 160,728 shares.The stock last traded at $0.95 and had previously closed at $0.98.
Wall Street Analysts Forecast Growth
Separately, Benchmark reduced their price objective on shares of Nutex Health from $22.50 to $15.00 and set a "buy" rating on the stock in a research note on Thursday, January 25th.
View Our Latest Research Report on NUTX
Nutex Health Trading Down 22.5 %
The company has a quick ratio of 1.50, a current ratio of 1.56 and a debt-to-equity ratio of 3.04. The business's fifty day moving average is $1.55 and its 200 day moving average is $2.50. The firm has a market capitalization of $563.47 million, a price-to-earnings ratio of -9.45 and a beta of 0.44.
Institutional Investors Weigh In On Nutex Health
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC increased its stake in Nutex Health by 574.4% in the 1st quarter. Tower Research Capital LLC TRC now owns 26,644 shares of the company's stock valued at $27,000 after buying an additional 22,693 shares during the last quarter. Mackenzie Financial Corp acquired a new stake in Nutex Health in the 4th quarter valued at $30,000. Atom Investors LP acquired a new stake in Nutex Health in the 4th quarter valued at $31,000. Metropolitan Life Insurance Co NY acquired a new stake in Nutex Health in the 4th quarter valued at $31,000. Finally, CIBC Asset Management Inc acquired a new stake in Nutex Health in the 4th quarter valued at $35,000. 5.32% of the stock is currently owned by institutional investors and hedge funds.
Nutex Health Company Profile
(
Get Free Report)
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.
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