Nutex Health (NASDAQ:NUTX) Shares Up 2.6%

Nutex Health Inc. (NASDAQ:NUTXGet Free Report) shares were up 2.6% during trading on Thursday . The company traded as high as $0.75 and last traded at $0.74. Approximately 260,972 shares were traded during trading, an increase of 11% from the average daily volume of 235,596 shares. The stock had previously closed at $0.72.

Analyst Ratings Changes

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

Read Our Latest Research Report on NUTX

Nutex Health Stock Down 3.4 %

The company has a current ratio of 1.68, a quick ratio of 1.63 and a debt-to-equity ratio of 2.99. The firm has a fifty day moving average price of $1.01 and a 200 day moving average price of $2.09.

Nutex Health (NASDAQ:NUTXGet Free Report) last released its quarterly earnings results on Thursday, March 28th. The company reported ($0.75) EPS for the quarter. Nutex Health had a negative net margin of 15.85% and a negative return on equity of 44.06%. The business had revenue of $69.67 million during the quarter.

Institutional Trading of Nutex Health

Several large investors have recently added to or reduced their stakes in NUTX. One Plus One Wealth Management LLC increased 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 worth $508,000 after buying an additional 5,043,720 shares during the period. Beaird Harris Wealth Management LLC grew its position in Nutex Health by 210.0% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 930,282 shares of the company’s stock worth $167,000 after purchasing an additional 630,168 shares during the period. GDS Wealth Management raised its stake in shares of Nutex Health by 98.2% during the 4th quarter. GDS Wealth Management now owns 1,110,051 shares of the company’s stock valued at $200,000 after buying an additional 550,026 shares during the last quarter. Finally, Truist Financial Corp lifted its holdings in shares of 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 buying an additional 2,018,966 shares during the period. Hedge funds and other institutional investors own 5.32% of the company’s stock.

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.

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