Nutex Health Inc. (NASDAQ:NUTX - Get Free Report)'s stock price rose 8.1% during mid-day trading on Monday . The company traded as high as $130.00 and last traded at $128.02. Approximately 73,546 shares traded hands during trading, a decline of 15% from the average daily volume of 86,986 shares. The stock had previously closed at $118.37.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the stock. Benchmark boosted their price objective on shares of Nutex Health from $150.00 to $300.00 and gave the company a "buy" rating in a research note on Thursday, May 15th. Wall Street Zen lowered Nutex Health from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Finally, Maxim Group lifted their target price on shares of Nutex Health from $100.00 to $225.00 and gave the company a "buy" rating in a research report on Tuesday, May 20th.
Read Our Latest Stock Analysis on Nutex Health
Nutex Health Stock Down 16.1%
The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.26 and a current ratio of 2.27. The stock has a 50-day moving average of $135.30 and a two-hundred day moving average of $88.19. The company has a market cap of $643.29 million, a P/E ratio of 9.73 and a beta of -0.04.
Nutex Health (NASDAQ:NUTX - Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The company reported $2.56 EPS for the quarter, topping analysts' consensus estimates of ($0.15) by $2.71. Nutex Health had a return on equity of 42.08% and a net margin of 10.76%. The business had revenue of $211.79 million for the quarter, compared to analysts' expectations of $81.09 million.
Hedge Funds Weigh In On Nutex Health
Hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE increased its holdings in Nutex Health by 6,590.3% during the 4th quarter. Bank of America Corp DE now owns 2,074 shares of the company's stock valued at $66,000 after purchasing an additional 2,043 shares during the period. Northern Trust Corp bought a new stake in shares of Nutex Health in the 4th quarter worth approximately $200,000. Millennium Management LLC purchased a new stake in Nutex Health in the fourth quarter worth $213,000. World Investment Advisors purchased a new stake in Nutex Health in the fourth quarter worth $217,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in Nutex Health in the fourth quarter worth $231,000. 5.32% of the stock is owned by institutional investors.
Nutex Health Company Profile
(
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.
Further Reading
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