Nutex Health (NASDAQ:NUTX) Stock Price Up 3% – Here’s What Happened

Shares of Nutex Health Inc. (NASDAQ:NUTX) traded up 3% during mid-day trading on Friday . The company traded as high as $173.14 and last traded at $173.14. 14,876 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 151,864 shares. The stock had previously closed at $168.10.

Analyst Ratings Changes

Several analysts have weighed in on NUTX shares. Wall Street Zen upgraded Nutex Health from a “buy” rating to a “strong-buy” rating in a research note on Friday, November 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nutex Health in a research report on Monday, December 22nd. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Nutex Health currently has an average rating of “Moderate Buy” and a consensus price target of $252.50.

Nutex Health Trading Up 5.1%

The company has a current ratio of 3.20, a quick ratio of 3.18 and a debt-to-equity ratio of 0.67. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 9.56 and a beta of -0.03. The company has a fifty day moving average price of $138.25 and a 200-day moving average price of $114.77.

Nutex Health (NASDAQ:NUTX) last announced its quarterly earnings results on Tuesday, November 18th. The company reported $7.76 earnings per share for the quarter, beating the consensus estimate of ($5.43) by $13.19. Nutex Health had a return on equity of 37.44% and a net margin of 11.62%.The company had revenue of $243.99 million during the quarter, compared to analysts’ expectations of $221.93 million.

Insider Transactions at Nutex Health

In other news, CFO Jon Christian Bates purchased 750 shares of the stock in a transaction that occurred on Tuesday, November 25th. The shares were purchased at an average cost of $136.71 per share, with a total value of $102,532.50. Following the completion of the acquisition, the chief financial officer owned 5,638 shares of the company’s stock, valued at approximately $770,770.98. This represents a 15.34% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 36.92% of the company’s stock.

Institutional Investors Weigh In On Nutex Health

Hedge funds have recently modified their holdings of the company. State of Alaska Department of Revenue purchased a new position in shares of Nutex Health in the 3rd quarter valued at about $30,000. BNP Paribas Financial Markets grew its holdings in Nutex Health by 966.7% in the second quarter. BNP Paribas Financial Markets now owns 320 shares of the company’s stock valued at $40,000 after purchasing an additional 290 shares during the period. Ameritas Investment Partners Inc. purchased a new stake in shares of Nutex Health in the second quarter valued at approximately $44,000. Bank of America Corp DE increased its position in shares of Nutex Health by 6,590.3% in the fourth quarter. Bank of America Corp DE now owns 2,074 shares of the company’s stock valued at $66,000 after buying an additional 2,043 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey acquired a new position in shares of Nutex Health during the 2nd quarter worth approximately $97,000. 5.32% of the stock is owned by hedge funds and other institutional investors.

Nutex Health Company Profile

Nutex Health, Inc (NASDAQ: NUTX) is an integrated outpatient healthcare services company based in San Antonio, Texas. The company focuses on delivering a range of ambulatory care solutions, including urgent care, telemedicine, medical imaging, teleradiology, weight‐loss services and behavioral health support. By combining in‐person clinics with virtual care capabilities, Nutex Health aims to provide patients with accessible, cost‐effective treatment options outside traditional hospital settings.

The company’s urgent care network operates through both standalone and retail‐anchored centers, offering treatment for non‐life‐threatening injuries and illnesses, preventive screenings and basic primary care.