Nutex Health (NASDAQ:NUTX) Trading Down 5.5% – Here’s Why

Nutex Health Inc. (NASDAQ:NUTX) shares traded down 5.5% on Wednesday . The stock traded as low as $92.16 and last traded at $91.4170. 20,433 shares changed hands during trading, a decline of 90% from the average session volume of 204,479 shares. The stock had previously closed at $96.78.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on NUTX shares. Wall Street Zen cut shares of Nutex Health from a “strong-buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nutex Health in a report on Monday, December 29th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nutex Health has an average rating of “Moderate Buy” and a consensus target price of $252.50.

Nutex Health Stock Down 8.6%

The company has a debt-to-equity ratio of 0.70, a current ratio of 3.41 and a quick ratio of 3.39. The company has a fifty day moving average price of $133.25 and a 200 day moving average price of $124.98. The company has a market cap of $616.85 million, a PE ratio of 9.87 and a beta of 0.03.

Nutex Health (NASDAQ:NUTX) last announced its earnings results on Thursday, March 5th. The company reported $1.61 earnings per share for the quarter, missing analysts’ consensus estimates of $5.56 by ($3.95). Nutex Health had a net margin of 7.34% and a return on equity of 17.67%. The company had revenue of $151.68 million during the quarter, compared to analysts’ expectations of $258.82 million.

Institutional Trading of Nutex Health

A number of hedge funds have recently made changes to their positions in the stock. Deutsche Bank AG lifted its holdings in shares of Nutex Health by 3.9% during the 4th quarter. Deutsche Bank AG now owns 2,633 shares of the company’s stock worth $433,000 after acquiring an additional 98 shares during the last quarter. Russell Investments Group Ltd. increased its stake in Nutex Health by 1.4% in the fourth quarter. Russell Investments Group Ltd. now owns 8,706 shares of the company’s stock valued at $1,433,000 after acquiring an additional 116 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in Nutex Health by 3.7% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 5,600 shares of the company’s stock valued at $922,000 after purchasing an additional 200 shares in the last quarter. Islay Capital Management LLC purchased a new stake in Nutex Health during the fourth quarter valued at about $34,000. Finally, First Trust Advisors LP lifted its stake in Nutex Health by 2.4% during the fourth quarter. First Trust Advisors LP now owns 11,461 shares of the company’s stock worth $1,887,000 after purchasing an additional 272 shares during the last quarter. 5.32% of the stock is owned by institutional investors.

About Nutex Health

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.