State Street Corp Makes New $225,000 Investment in Nutex Health Inc. (NASDAQ:NUTX)

State Street Corp acquired a new stake in Nutex Health Inc. (NASDAQ:NUTX) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,357 shares of the company’s stock, valued at approximately $225,000. State Street Corp owned approximately 0.19% of Nutex Health at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. International Assets Investment Management LLC bought a new position in Nutex Health during the third quarter valued at about $188,000. Thompson Davis & CO. Inc. purchased a new position in shares of Nutex Health in the third quarter worth approximately $494,000. Finally, Essex Investment Management Co. LLC acquired a new stake in Nutex Health during the 3rd quarter valued at $1,579,000. Institutional investors and hedge funds own 5.32% of the company’s stock.

Nutex Health Stock Performance

Shares of NUTX opened at $33.88 on Friday. The firm has a market cap of $184.21 million, a price-to-earnings ratio of -3.61 and a beta of 0.12. The company’s fifty day moving average is $31.67 and its 200-day moving average is $20.79. The company has a quick ratio of 1.74, a current ratio of 1.77 and a debt-to-equity ratio of 3.36. Nutex Health Inc. has a 12 month low of $4.16 and a 12 month high of $41.44.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Benchmark increased their price target on shares of Nutex Health from $45.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Maxim Group increased their target price on shares of Nutex Health from $45.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th.

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.