Nutex Health Inc. (NASDAQ:NUTX - Get Free Report)'s share price traded up 8.5% during mid-day trading on Thursday . The company traded as high as $114.80 and last traded at $112.98. 240,904 shares changed hands during trading, an increase of 151% from the average session volume of 96,102 shares. The stock had previously closed at $104.08.
Analysts Set New Price Targets
A number of analysts have recently commented on NUTX shares. Benchmark boosted their price target on Nutex Health from $150.00 to $300.00 and gave the company a "buy" rating in a report on Thursday, May 15th. Maxim Group raised their price objective on Nutex Health from $100.00 to $225.00 and gave the stock a "buy" rating in a research note on Tuesday, May 20th. Finally, Wall Street Zen downgraded Nutex Health from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd.
Get Our Latest Stock Report on NUTX
Nutex Health Stock Performance
The company's 50-day moving average is $134.16 and its two-hundred day moving average is $93.12. The company has a quick ratio of 2.26, a current ratio of 2.27 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $618.22 million, a P/E ratio of 9.35 and a beta of -0.04.
Nutex Health (NASDAQ:NUTX - Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported $2.56 earnings per share for the quarter, beating analysts' consensus estimates of ($0.15) by $2.71. Nutex Health had a net margin of 10.76% and a return on equity of 42.08%. The firm had revenue of $211.79 million for the quarter, compared to analyst estimates of $81.09 million.
Hedge Funds Weigh In On Nutex Health
Institutional investors and hedge funds have recently modified their holdings of the company. Topline Capital Management LLC purchased a new stake in shares of Nutex Health in the fourth quarter worth $5,690,000. American Century Companies Inc. bought a new stake in Nutex Health during the fourth quarter valued at about $1,362,000. Ancora Advisors LLC purchased a new position in shares of Nutex Health in the fourth quarter valued at about $1,334,000. Russell Investments Group Ltd. bought a new position in shares of Nutex Health in the fourth quarter worth about $672,000. Finally, Informed Momentum Co LLC purchased a new stake in shares of Nutex Health during the first quarter worth about $868,000. 5.32% of the stock is currently owned by hedge funds and other institutional investors.
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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