Nutex Health (NASDAQ:NUTX) Given “Hold (C-)” Rating at Weiss Ratings

Nutex Health (NASDAQ:NUTX)‘s stock had its “hold (c-)” rating restated by equities research analysts at Weiss Ratings in a report released on Saturday,Weiss Ratings reports.

Several other brokerages also recently weighed in on NUTX. Maxim Group set a $205.00 target price on Nutex Health and gave the company a “buy” rating in a research note on Tuesday, August 26th. Wall Street Zen downgraded Nutex Health from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 18th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $252.50.

Nutex Health Trading Up 7.1%

Shares of NASDAQ:NUTX opened at $125.57 on Friday. 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 stock’s 50-day moving average is $97.19 and its 200-day moving average is $114.48. The company has a market cap of $698.17 million, a P/E ratio of 10.56 and a beta of -0.20. Nutex Health has a 52-week low of $21.55 and a 52-week high of $184.27.

Institutional Investors Weigh In On Nutex Health

Institutional investors and hedge funds have recently made changes to their positions in the company. Austin Asset Management Co Inc bought a new stake in shares of Nutex Health during the second quarter worth $315,000. Goldman Sachs Group Inc. raised its position in shares of Nutex Health by 17.9% during the first quarter. Goldman Sachs Group Inc. now owns 18,119 shares of the company’s stock worth $852,000 after acquiring an additional 2,748 shares during the last quarter. Clear Creek Financial Management LLC bought a new stake in shares of Nutex Health during the second quarter worth $397,000. FNY Investment Advisers LLC bought a new stake in shares of Nutex Health during the second quarter worth $414,000. Finally, American Century Companies Inc. raised its position in shares of Nutex Health by 73.0% during the first quarter. American Century Companies Inc. now owns 74,359 shares of the company’s stock worth $3,497,000 after acquiring an additional 31,366 shares during the last quarter. Institutional investors own 5.32% of the company’s stock.

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.