Nutex Health (NUTX) Expected to Announce Earnings on Thursday

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

Nutex Health Price Performance

NASDAQ NUTX opened at $51.75 on Thursday. The company has a current ratio of 1.77, a quick ratio of 1.74 and a debt-to-equity ratio of 3.36. The company has a fifty day simple moving average of $48.63 and a 200 day simple moving average of $34.93. The company has a market cap of $281.36 million, a P/E ratio of -5.51 and a beta of 0.01. Nutex Health has a 1 year low of $4.16 and a 1 year high of $69.45.

Institutional Trading of Nutex Health

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% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,074 shares of the company’s stock after purchasing an additional 2,043 shares during the period. Bank of America Corp DE’s holdings in Nutex Health were worth $66,000 as of its most recent SEC filing. 5.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

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.