Shares of Nutex Health Inc. (NASDAQ:NUTX - Get Free Report) traded up 8.1% during mid-day trading on Thursday . The company traded as high as $100.77 and last traded at $100.44. 176,756 shares traded hands during mid-day trading, an increase of 26% from the average session volume of 139,912 shares. The stock had previously closed at $92.90.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. Maxim Group upped their target price on shares of Nutex Health from $100.00 to $225.00 and gave the company a "buy" rating in a report on Tuesday, May 20th. Wall Street Zen downgraded shares of Nutex Health from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Finally, Benchmark raised their price objective on shares of Nutex Health from $150.00 to $300.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th.
Check Out Our Latest Analysis on NUTX
Nutex Health Price Performance
The company's 50 day moving average price is $127.22 and its 200-day moving average price is $95.86. The stock has a market cap of $513.74 million, a P/E ratio of 7.77 and a beta of -0.04. The company has a quick ratio of 2.26, a current ratio of 2.27 and a debt-to-equity ratio of 1.02.
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, topping 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 business had revenue of $211.79 million during the quarter, compared to the consensus estimate of $81.09 million.
Hedge Funds Weigh In On Nutex Health
Hedge funds have recently bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new position in Nutex Health during the second quarter worth $112,000. Bank of America Corp DE grew its holdings in Nutex Health by 6,590.3% in the fourth quarter. Bank of America Corp DE now owns 2,074 shares of the company's stock worth $66,000 after purchasing an additional 2,043 shares during the period. Allianz Asset Management GmbH acquired a new stake in Nutex Health in the second quarter worth $314,000. Austin Asset Management Co Inc acquired a new stake in Nutex Health in the second quarter worth $315,000. Finally, Clear Creek Financial Management LLC acquired a new stake in Nutex Health in the second quarter worth $397,000. Institutional investors own 5.32% of the company's stock.
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.
Featured Articles
Before you consider Nutex Health, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nutex Health wasn't on the list.
While Nutex Health currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
