Nutex Health Inc. (NASDAQ:NUTX – Get Rating)'s stock price was down 2.8% during mid-day trading on Wednesday . The company traded as low as $1.94 and last traded at $1.94. Approximately 5,410 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 2,619,223 shares. The stock had previously closed at $1.99.

Analyst Ratings Changes

Separately, Benchmark assumed coverage on Nutex Health in a research note on Friday, December 23rd. They issued a "buy" rating and a $3.00 price target for the company.

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Nutex Health Trading Down 3.0 %

The stock's fifty day moving average price is $1.47 and its 200-day moving average price is $2.18. The company has a quick ratio of 2.38, a current ratio of 2.45 and a debt-to-equity ratio of 1.73.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp boosted its position in Nutex Health by 10.3% during the third quarter. Bank of New York Mellon Corp now owns 112,605 shares of the company's stock worth $169,000 after purchasing an additional 10,519 shares during the period. Alliancebernstein L.P. boosted its stake in Nutex Health by 42.8% in the 3rd quarter. Alliancebernstein L.P. now owns 143,800 shares of the company's stock valued at $216,000 after purchasing an additional 43,100 shares during the period. State Street Corp grew its holdings in Nutex Health by 23.0% in the 3rd quarter. State Street Corp now owns 755,822 shares of the company's stock valued at $1,134,000 after buying an additional 141,287 shares in the last quarter. Ergoteles LLC boosted its position in shares of Nutex Health by 99.1% in the third quarter. Ergoteles LLC now owns 816,824 shares of the company's stock valued at $1,225,000 after acquiring an additional 406,508 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of Nutex Health in the third quarter valued at about $45,000. 1.24% of the stock is currently owned by institutional investors.

Nutex Health Company Profile

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Nutex Health, Inc operates as a technology-enabled healthcare services company. It operates through two divisions: Hospital division and Population Health Management division. The Hospital division implements and operates health care models, including micro-hospitals, specialty hospitals, and hospital outpatient departments.

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