Nutex Health (NUTX) Expected to Announce Earnings on Thursday

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

Nutex Health Stock Up 2.3 %

Shares of NASDAQ:NUTX opened at $59.50 on Tuesday. The company has a 50 day moving average price of $50.58 and a two-hundred day moving average price of $35.88. The company has a debt-to-equity ratio of 3.36, a quick ratio of 1.74 and a current ratio of 1.77. The company has a market capitalization of $323.50 million, a PE ratio of -6.34 and a beta of 0.01. Nutex Health has a 52 week low of $4.16 and a 52 week 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 stake in shares of Nutex Health Inc. (NASDAQ:NUTX) by 6,590.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,074 shares of the company’s stock after acquiring an additional 2,043 shares during the period. 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.

Analyst Upgrades and Downgrades

Separately, Maxim Group upped their price objective on shares of Nutex Health from $50.00 to $75.00 and gave the company a “buy” rating in a research report 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.