Nutex Health (NUTX) to Release Quarterly Earnings on Thursday

Nutex Health (NASDAQ:NUTX) is expected to announce its earnings results after the market closes on Thursday, March 27th. Analysts expect Nutex Health to post earnings of ($0.09) per share and revenue of $81.13 million for the quarter.

Nutex Health Stock Up 2.3 %

NASDAQ:NUTX opened at $59.50 on Tuesday. The stock has a 50-day simple moving average of $50.58 and a 200 day simple moving average of $35.88. Nutex Health has a 52-week low of $4.16 and a 52-week high of $69.45. The company has a market cap of $323.50 million, a PE ratio of -6.34 and a beta of 0.01. The company has a debt-to-equity ratio of 3.36, a quick ratio of 1.74 and a current ratio of 1.77.

Institutional Trading of Nutex Health

An institutional investor recently raised its position in Nutex Health stock. Bank of America Corp DE grew its stake in shares of Nutex Health Inc. (NASDAQ:NUTX) by 6,590.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,074 shares of the company’s stock after purchasing an additional 2,043 shares during the quarter. Bank of America Corp DE’s holdings in Nutex Health were worth $66,000 at the end of the most recent quarter. Institutional investors and hedge funds own 5.32% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Maxim Group raised their price target on shares of Nutex Health from $50.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th.

Nutex Health Company Profile

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.