Nutex Health (NASDAQ:NUTX) Shares Up 7.4% – Here’s What Happened

Shares of Nutex Health Inc. (NASDAQ:NUTX) were up 7.4% during mid-day trading on Wednesday . The stock traded as high as $105.50 and last traded at $106.4950. Approximately 24,171 shares changed hands during trading, a decline of 87% from the average daily volume of 186,211 shares. The stock had previously closed at $99.19.

Analysts Set New Price Targets

Several research firms recently weighed in on NUTX. Wall Street Zen upgraded Nutex Health from a “buy” rating to a “strong-buy” rating in a research note on Friday, November 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Nutex Health in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $252.50.

Nutex Health Stock Performance

The company has a market capitalization of $765.85 million, a PE ratio of 5.85 and a beta of -0.01. The company has a current ratio of 3.20, a quick ratio of 3.18 and a debt-to-equity ratio of 0.67. The business’s fifty day moving average is $146.51 and its two-hundred day moving average is $124.29.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Divisadero Street Capital Management LP purchased a new stake in shares of Nutex Health during the second quarter valued at $7,481,000. Pacer Advisors Inc. purchased a new position in shares of Nutex Health during the third quarter valued at approximately $3,299,000. Geode Capital Management LLC lifted its position in Nutex Health by 116.8% during the second quarter. Geode Capital Management LLC now owns 78,859 shares of the company’s stock valued at $9,819,000 after purchasing an additional 42,484 shares during the period. Principal Financial Group Inc. purchased a new stake in Nutex Health in the third quarter worth approximately $962,000. Finally, American Century Companies Inc. grew its position in Nutex Health by 39.9% in the 2nd quarter. American Century Companies Inc. now owns 104,063 shares of the company’s stock worth $12,955,000 after purchasing an additional 29,704 shares during the period. 5.32% of the stock is owned by institutional investors.

Nutex Health Company Profile

Nutex Health, Inc (NASDAQ: NUTX) is an integrated outpatient healthcare services company based in San Antonio, Texas. The company focuses on delivering a range of ambulatory care solutions, including urgent care, telemedicine, medical imaging, teleradiology, weight‐loss services and behavioral health support. By combining in‐person clinics with virtual care capabilities, Nutex Health aims to provide patients with accessible, cost‐effective treatment options outside traditional hospital settings.

The company’s urgent care network operates through both standalone and retail‐anchored centers, offering treatment for non‐life‐threatening injuries and illnesses, preventive screenings and basic primary care.