Buy, Sell Or Hold Nutex Health Inc (NASDAQ:NUTX) At $0.10?

In last trading session, Nutex Health Inc (NASDAQ:NUTX) saw 2.1 million shares changing hands with its beta currently measuring 0.45. Company’s recent per share price level of $0.10 trading at $0.0 or -0.58% at ring of the bell on the day assigns it a market valuation of $76.83M. That closing price of NUTX’s stock is at a discount of -1000.0% from its 52-week high price of $1.10 and is indicating a premium of 10.0% from its 52-week low price of $0.09. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.12 million shares which gives us an average trading volume of 1.82 million if we extend that period to 3-months.

Nutex Health Inc (NASDAQ:NUTX) trade information

Upright in the red during last session for losing -0.58%, in the last five days NUTX remained trading in the green while hitting it’s week-highest on Wednesday, 03/20/24 when the stock touched $0.10 price level, adding 9.01% to its value on the day. Nutex Health Inc’s shares saw a change of -42.72% in year-to-date performance and have moved 8.53% in past 5-day. Nutex Health Inc (NASDAQ:NUTX) showed a performance of -12.63% in past 30-days. Number of shares sold short was 1.55 million shares which calculate 0.85 days to cover the short interests.

Nutex Health Inc (NUTX) estimates and forecasts

This year revenue growth is estimated to rise 13.70% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $71.4 million for the same. And 1 analysts are in estimates of company making revenue of $70.3 million in the next quarter that will end on Mar 2024.

NUTX Dividends

Nutex Health Inc is more likely to be releasing its next quarterly report between February 29 and March 04 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Nutex Health Inc (NASDAQ:NUTX)’s Major holders

Insiders are in possession of 42.78% of company’s total shares while institution are holding 4.81 percent of that, with stock having share float percentage of 8.41%. Investors also watch the number of corporate investors in a company very closely, which is 4.81% institutions for Nutex Health Inc that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at NUTX for having 9.72 million shares of worth $4.1 million. And as of Jun 29, 2023, it was holding 1.47% of the company’s outstanding shares.

The second largest institutional holder is Truist Financial Corp, which was holding about 3.45 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 0.52% of outstanding shares, having a total worth of $1.45 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Russell 2000 Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 9.06 million shares of worth $3.82 million or 1.37% of the total outstanding shares. The later fund manager was in possession of 0.67 million shares on May 30, 2023, making its stake of worth around $0.29 million in the company or a holder of 0.10% of company’s stock.