International Assets Investment Management LLC Makes New $188,000 Investment in Nutex Health Inc. (NASDAQ:NUTX)

International Assets Investment Management LLC bought a new position in shares of Nutex Health Inc. (NASDAQ:NUTX) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,680 shares of the company’s stock, valued at approximately $188,000. International Assets Investment Management LLC owned 0.17% of Nutex Health as of its most recent filing with the Securities and Exchange Commission.

Separately, Essex Investment Management Co. LLC acquired a new stake in Nutex Health during the 3rd quarter worth $1,579,000. 5.32% of the stock is owned by institutional investors and hedge funds.

Nutex Health Trading Up 8.7 %

Shares of NASDAQ NUTX opened at $27.17 on Thursday. The company’s fifty day moving average is $22.20 and its 200-day moving average is $13.07. The stock has a market cap of $137.75 million, a price-to-earnings ratio of -2.96 and a beta of 0.11. Nutex Health Inc. has a twelve month low of $4.16 and a twelve month high of $42.00. The company has a quick ratio of 1.55, a current ratio of 1.59 and a debt-to-equity ratio of 3.04.

Nutex Health (NASDAQ:NUTX) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.22. The company had revenue of $76.08 million for the quarter. Nutex Health had a negative net margin of 13.73% and a negative return on equity of 43.79%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on NUTX. Maxim Group began coverage on shares of Nutex Health in a research report on Wednesday, September 18th. They set a “buy” rating and a $45.00 price target on the stock. Benchmark lifted their price target on shares of Nutex Health from $30.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, August 21st.

Insiders Place Their Bets

In other news, CFO Jon Christian Bates acquired 1,350 shares of the stock in a transaction dated Thursday, August 22nd. The shares were bought 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 of the company’s stock, valued at approximately $48,864.42. This trade represents a 100.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 38.52% of the company’s stock.

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.