Nutex Health (NASDAQ:NUTX) Stock Rating Upgraded by Wall Street Zen

Wall Street Zen upgraded shares of Nutex Health (NASDAQ:NUTX) from a hold rating to a strong-buy rating in a research report released on Friday morning.

Separately, Maxim Group set a $205.00 target price on shares of Nutex Health and gave the stock a “buy” rating in a report on Tuesday, August 26th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $252.50.

Nutex Health Stock Performance

Shares of NUTX stock opened at $102.53 on Friday. The firm has a market cap of $570.07 million, a P/E ratio of 8.62 and a beta of -0.17. Nutex Health has a one year low of $17.66 and a one year high of $184.27. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.26 and a current ratio of 2.27. The firm’s 50 day moving average price is $92.15 and its 200-day moving average price is $108.77.

Institutional Investors Weigh In On Nutex Health

A number of hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets raised its holdings in shares of Nutex Health by 966.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 320 shares of the company’s stock valued at $40,000 after purchasing an additional 290 shares in the last quarter. Ameritas Investment Partners Inc. acquired a new stake in shares of Nutex Health in the 2nd quarter valued at $44,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of Nutex Health in the 2nd quarter valued at $97,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Nutex Health in the 2nd quarter valued at $112,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Nutex Health in the 2nd quarter valued at $137,000. 5.32% of the stock is currently owned by institutional investors and hedge funds.

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.