Nutex Health (NASDAQ:NUTX) Given New $75.00 Price Target at Maxim Group

Nutex Health (NASDAQ:NUTX) had its target price upped by investment analysts at Maxim Group from $50.00 to $75.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Maxim Group’s target price indicates a potential upside of 11.34% from the company’s current price.

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

Nutex Health Stock Performance

NUTX traded up $9.06 on Thursday, reaching $67.36. 64,337 shares of the stock were exchanged, compared to its average volume of 40,384. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.77 and a quick ratio of 1.74. Nutex Health has a fifty-two week low of $4.16 and a fifty-two week high of $67.63. The firm has a market capitalization of $366.24 million, a PE ratio of -7.18 and a beta of 0.20. The company’s 50-day moving average price is $38.42 and its 200 day moving average price is $28.07.

Institutional Trading of Nutex Health

Several institutional investors have recently made changes to their positions in NUTX. Beaird Harris Wealth Management LLC acquired a new position in shares of Nutex Health in the 3rd quarter valued at $69,000. International Assets Investment Management LLC purchased a new stake in shares of Nutex Health in the 3rd quarter valued at approximately $188,000. Baader Bank Aktiengesellschaft acquired a new position in shares of Nutex Health in the 4th quarter worth approximately $206,000. World Investment Advisors purchased a new position in shares of Nutex Health during the 4th quarter worth approximately $217,000. Finally, State Street Corp acquired a new stake in Nutex Health in the 3rd quarter valued at approximately $225,000. Hedge funds and other 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.