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What Nutex Health Inc. (NASDAQ: NUTX) Stock Didn’t Tell You This Week

Nutex Health Inc. (NASDAQ:NUTX) traded at $1.36 at close of the session on Monday, 01/23/23, made an upward move of 0.74% on its previous day’s price.

Looking at the stock we see that its previous close was $1.35 with the day’s price range being $1.2101 – $1.3753. In terms of its 52-week price range, NUTX has a high of $52.80 and a low of $0.50. The company’s stock has lost about -30.96% over that past 30 days.

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Nutex Health Inc. has a market cap of $922.99 million and is expected to release its quarterly earnings report on Aug 22, 2022.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the NUTX stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Looking further, we note the current price level is -23.55% off its SMA20 and -16.20% from its 50-day simple moving average. The RSI (14) is pointing at 37.53 while the volatility over the past week is 15.77% and jumps to 11.88% over the past one month. The beta value is 0.63, while the average true range (ATR) is currently pointing at 0.21. The average price target for the stock over the next 12 months is $3.00, with the estimates having a low of $3.00 and a high of $3.00. These price ends are -120.59% and -120.59% off the current price level respectively, although investors could be excited at the prospect of a -120.59% if the NUTX share price touches on the median price of $3.00.

Coming back to Nutex Health Inc. (NASDAQ:NUTX), we note that the average 3-month trading volume was 2.51 million, while that of the preceding 10-day period stands at 1.15 million. Current shares outstanding are 649.58 million.

The insiders hold 0.10% of the company’s shares while institutions hold 1.30%. The data shows that short shares as of Oct 13, 2022, stood at 3.7 million at a short ratio of 0.96. This represents a 0.57% short interest in shares outstanding on Oct 13, 2022. Shares short fall in October from the previous month at 4.25 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -28.42% down in year-to-date price movement.

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