Nutex Health (NUTX) Scheduled to Post Quarterly Earnings on Thursday

Nutex Health (NASDAQ:NUTX) is scheduled to be releasing its earnings data after the market closes on Thursday, November 7th.

Nutex Health (NASDAQ:NUTX) last issued its earnings results on Thursday, August 8th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.29) by $0.22. Nutex Health had a negative return on equity of 43.79% and a negative net margin of 13.73%. The business had revenue of $76.08 million for the quarter.

Nutex Health Trading Up 6.4 %

NUTX stock traded up $1.48 during trading on Tuesday, reaching $24.52. 20,144 shares of the stock traded hands, compared to its average volume of 40,368. The firm has a market capitalization of $124.32 million, a PE ratio of -2.67 and a beta of 0.11. The company has a debt-to-equity ratio of 3.04, a current ratio of 1.59 and a quick ratio of 1.55. The business’s 50 day moving average price is $22.05 and its 200-day moving average price is $12.85. Nutex Health has a 52-week low of $4.16 and a 52-week high of $42.77.

Analysts Set New Price Targets

Several equities research analysts have issued reports on NUTX shares. Maxim Group began coverage on shares of Nutex Health in a research note on Wednesday, September 18th. They set a “buy” rating and a $45.00 price objective for the company. Benchmark raised their target price on Nutex Health from $30.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, August 21st.

Insiders Place Their Bets

In other Nutex Health news, CFO Jon Christian Bates bought 1,350 shares of the company’s stock in a transaction dated Thursday, August 22nd. The shares were acquired at an average cost of $21.46 per share, with a total value of $28,971.00. Following the completion of the transaction, the chief financial officer now owns 2,277 shares in the company, valued at $48,864.42. The trade was a 100.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 38.52% of the stock is currently owned by company insiders.

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.