Nutex Health (NASDAQ:NUTX) Price Target Raised to $75.00

Nutex Health (NASDAQ:NUTX) had its price objective raised by Maxim Group from $50.00 to $75.00 in a research note published on Thursday,Benzinga reports. Maxim Group currently has a buy rating on the stock.

Separately, Benchmark increased their price objective on Nutex Health from $45.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th.

Nutex Health Stock Up 15.5 %

Shares of NASDAQ:NUTX opened at $67.36 on Thursday. The firm has a market capitalization of $366.24 million, a P/E ratio of -7.18 and a beta of 0.20. The company has a debt-to-equity ratio of 3.36, a quick ratio of 1.74 and a current ratio of 1.77. The stock has a 50 day moving average price of $38.42 and a 200-day moving average price of $28.07. Nutex Health has a 52-week low of $4.16 and a 52-week high of $67.63.

Hedge Funds Weigh In On Nutex Health

Institutional investors and hedge funds have recently made changes to their positions in the business. Drive Wealth Management LLC bought a new stake in shares of Nutex Health in the 4th quarter worth approximately $1,122,000. Baader Bank Aktiengesellschaft purchased a new position in Nutex Health during the fourth quarter valued at $206,000. International Assets Investment Management LLC bought a new stake in Nutex Health in the third quarter worth $188,000. State Street Corp bought a new stake in Nutex Health in the third quarter worth $225,000. Finally, Thompson Davis & CO. Inc. purchased a new stake in shares of Nutex Health in the third quarter worth $494,000. Institutional investors own 5.32% 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.