Analysis of Nutex Health Inc. (NASDAQ:NUTX): Selected Notes

Nutex Health Inc. (NASDAQ: NUTX) closed the day trading at $1.34 down -1.47% from the previous closing price of $1.36. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 655486 shares were traded. NUTX stock price reached its highest trading level at $1.3880 during the session, while it also had its lowest trading level at $1.2800.

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For a better understanding of NUTX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.40 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 2.17 whereas as Long-Term Debt/Eq ratio is at 2.08.

Upgrades & Downgrades

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 13 when Premier Macy Management Holdin sold 43,880 shares for $2.06 per share. The transaction valued at 90,560 led to the insider holds 41,964,832 shares of the business.

Premier Macy Management Holdin sold 125,498 shares of NUTX for $276,773 on Dec 12. The 10% Owner now owns 42,008,712 shares after completing the transaction at $2.21 per share.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 5.30 while its Price-to-Book (P/B) ratio in mrq is 7.88.

Stock Price History:

Over the past 52 weeks, NUTX has reached a high of $52.80, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is 1.6358, while the 200-Day Moving Average is calculated to be 3.4874.

Shares Statistics:

Over the past 3-months, NUTX traded about 2.49M shares per day on average, while over the past 10 days, NUTX traded about 1.22M shares per day. A total of 649.58M shares are outstanding, with a floating share count of 321.69M. Insiders hold about 0.10% of the company’s shares, while institutions hold 1.30% stake in the company. Shares short for NUTX as of Oct 13, 2022 were 3.7M with a Short Ratio of 6.91M, compared to 4.25M on Sep 14, 2022.