Nutex Health (NASDAQ:NUTX) Price Target Raised to $50.00

Nutex Health (NASDAQ:NUTX) had its price target boosted by Maxim Group from $45.00 to $50.00 in a report issued on Tuesday morning, Marketbeat Ratings reports. Maxim Group currently has a buy rating on the stock.

Separately, Benchmark raised their price target on Nutex Health from $30.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, August 21st.

Nutex Health Price Performance

NASDAQ:NUTX opened at $37.56 on Tuesday. Nutex Health has a 1 year low of $4.16 and a 1 year high of $39.90. The company has a current ratio of 1.77, a quick ratio of 1.55 and a debt-to-equity ratio of 3.36. The firm’s fifty day simple moving average is $23.00 and its 200 day simple moving average is $13.82.

Insider Transactions at Nutex Health

In related news, CFO Jon Christian Bates bought 1,350 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The stock was purchased at an average cost of $21.46 per share, for a total transaction of $28,971.00. Following the purchase, the chief financial officer now directly owns 2,277 shares in the company, valued at $48,864.42. This trade represents a 100.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 38.52% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Nutex Health

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new stake in shares of Nutex Health during the 3rd quarter worth approximately $188,000. Thompson Davis & CO. Inc. acquired a new position in shares of Nutex Health in the third quarter valued at $494,000. Finally, Essex Investment Management Co. LLC bought a new position in Nutex Health in the third quarter worth $1,579,000. 5.32% of the stock is currently owned by institutional investors.

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.