Nutex Health (NUTX) Expected to Announce Earnings on Thursday

Nutex Health (NASDAQ:NUTX) is anticipated to post its quarterly 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 Performance

NASDAQ NUTX opened at $61.87 on Wednesday. The company’s 50 day simple moving average is $50.58 and its two-hundred day simple moving average is $35.88. The stock has a market capitalization of $336.39 million, a PE ratio of -6.59 and a beta of 0.01. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.77 and a quick ratio of 1.74. Nutex Health has a 1 year low of $4.16 and a 1 year high of $69.45.

Institutional Trading of Nutex Health

A hedge fund recently raised its stake in Nutex Health stock. Bank of America Corp DE lifted its position in Nutex Health Inc. (NASDAQ:NUTX) by 6,590.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,074 shares of the company’s stock after purchasing an additional 2,043 shares during the period. Bank of America Corp DE’s holdings in Nutex Health were worth $66,000 as of its most recent SEC filing. Institutional investors own 5.32% of the company’s stock.

Wall Street Analyst Weigh In

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

About Nutex Health

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.