Nutex Health (NASDAQ:NUTX) Sees Unusually-High Trading Volume

Nutex Health Inc. (NASDAQ:NUTX) saw strong trading volume on Thursday . 87,828 shares changed hands during trading, a decline of 45% from the previous session’s volume of 160,728 shares.The stock last traded at $0.95 and had previously closed at $0.98.

Analyst Ratings Changes

Separately, Benchmark cut their price objective on Nutex Health from $22.50 to $15.00 and set a “buy” rating for the company in a report on Thursday, January 25th.

Nutex Health Price Performance

The company has a fifty day moving average price of $1.53 and a 200-day moving average price of $2.49. The company has a debt-to-equity ratio of 3.04, a quick ratio of 1.50 and a current ratio of 1.56.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of NUTX. One Plus One Wealth Management LLC increased its holdings in shares of Nutex Health by 2,017.5% during the 1st quarter. One Plus One Wealth Management LLC now owns 5,293,720 shares of the company’s stock valued at $508,000 after acquiring an additional 5,043,720 shares during the last quarter. Beaird Harris Wealth Management LLC grew its holdings in Nutex Health by 210.0% during the fourth quarter. Beaird Harris Wealth Management LLC now owns 930,282 shares of the company’s stock valued at $167,000 after purchasing an additional 630,168 shares during the last quarter. GSA Capital Partners LLP raised its position in shares of Nutex Health by 67.1% in the fourth quarter. GSA Capital Partners LLP now owns 507,362 shares of the company’s stock valued at $91,000 after purchasing an additional 203,658 shares during the period. GDS Wealth Management lifted its stake in shares of Nutex Health by 98.2% in the fourth quarter. GDS Wealth Management now owns 1,110,051 shares of the company’s stock worth $200,000 after buying an additional 550,026 shares during the last quarter. Finally, Truist Financial Corp boosted its holdings in shares of Nutex Health by 86.0% during the 4th quarter. Truist Financial Corp now owns 4,367,317 shares of the company’s stock worth $786,000 after buying an additional 2,018,966 shares during the period. Institutional investors own 5.32% of the company’s stock.

About Nutex Health

Nutex Health Inc operates as a network of micro-hospitals. It operates through three segments: Hospital, Population Health Management, and Real Estate. The Hospital segment develops and operates a network of micro-hospitals, specialty hospitals and hospital outpatient departments which offers 24/7 care.