4,516 Shares in Nutex Health Inc. $NUTX Acquired by Sierra Summit Advisors LLC

Sierra Summit Advisors LLC bought a new position in shares of Nutex Health Inc. (NASDAQ:NUTX) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 4,516 shares of the company’s stock, valued at approximately $562,000. Sierra Summit Advisors LLC owned 0.08% of Nutex Health as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Nutex Health during the second quarter worth $97,000. KLP Kapitalforvaltning AS acquired a new position in Nutex Health in the 2nd quarter worth $112,000. One Plus One Wealth Management LLC increased its holdings in Nutex Health by 3.3% during the 2nd quarter. One Plus One Wealth Management LLC now owns 38,791 shares of the company’s stock worth $4,829,000 after purchasing an additional 1,250 shares in the last quarter. AlphaQuest LLC acquired a new stake in shares of Nutex Health in the 2nd quarter valued at about $198,000. Finally, Axim Planning & Wealth acquired a new stake in shares of Nutex Health in the 2nd quarter valued at about $200,000. Institutional investors and hedge funds own 5.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Maxim Group set a $205.00 price objective on Nutex Health and gave the stock a “buy” rating in a report on Tuesday, August 26th. Wall Street Zen cut shares of Nutex Health from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 18th. Finally, Weiss Ratings downgraded shares of Nutex Health from a “hold (c-)” rating to a “sell (d)” rating in a report on Wednesday. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $252.50.

Nutex Health Stock Performance

NUTX opened at $136.92 on Monday. The business’s 50-day simple moving average is $110.25 and its 200 day simple moving average is $113.40. Nutex Health Inc. has a 52-week low of $28.12 and a 52-week high of $184.27. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.26 and a current ratio of 2.27. The firm has a market capitalization of $968.30 million, a PE ratio of 11.52 and a beta of -0.23.

Nutex Health Company Profile

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.