Nutex Health (NUTX) Expected to Announce Earnings on Thursday

Nutex Health (NASDAQ:NUTX) is expected to be releasing its earnings data before the market opens on Thursday, March 27th. Analysts expect Nutex Health to post earnings of ($0.09) per share and revenue of $81.13 million for the quarter.

Nutex Health Stock Down 7.4 %

NUTX stock opened at $51.75 on Thursday. Nutex Health has a 52-week low of $4.16 and a 52-week high of $69.45. The company’s 50 day simple moving average is $48.63 and its 200-day simple moving average is $34.93. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.77 and a quick ratio of 1.74. The firm has a market capitalization of $281.36 million, a P/E ratio of -5.51 and a beta of 0.01.

Wall Street Analysts Forecast Growth

Separately, Maxim Group boosted their price target on shares of Nutex Health from $50.00 to $75.00 and gave the company a “buy” rating in a report on Thursday, February 13th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Nutex Health stock. Bank of America Corp DE raised its stake in Nutex Health Inc. (NASDAQ:NUTX) by 6,590.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,074 shares of the company’s stock after buying an additional 2,043 shares during the quarter. Bank of America Corp DE’s holdings in Nutex Health were worth $66,000 at the end of the most recent reporting period. 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.