How to Buy Nutex Health Stock
Nutex Health Inc
Nutex Health, Inc. operates as a technology-enabled healthcare services company. It operates through two divisions: Hospital division and Population Health Management division.
Nutex Health stock last closed at $25.19, up 11.36% from the previous day, and has decreased 21.2% in one year. It has underperformed other stocks in the Health Information Services industry by 0.05 percentage points. Nutex Health stock is currently +505.53% from its 52-week low of $4.16, and -44.02% from its 52-week high of $45.00.
As of Sep 13, 2024, there are 5.07M NUTX shares outstanding. The market capitalization of NUTX is $127.61M. In the last 24 hours, 104,523 NUTX shares were traded.
How to Buy Nutex Health Stock
Wondering how to invest in Nutex Health stock? Here's how.
- Choose where to buy Nutex Health stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Nutex Health stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your payment method and add your info.
- Research Nutex Health stock: The Nutex Health ticker symbol is NUTX. Is Nutex Health stock a good investment? Should you buy shares of NUTX? How do NUTX's underlying business fundamentals look? Do top analysts think Nutex Health is a good buy? Why has NUTX's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if NUTX is a good stock to buy).
- Place your NUTX purchase: Decide if you will purchase NUTX shares at the current market price or use a limit order to buy NUTX shares at a particular price.
- Keep an eye on your NUTX position: Create a watchlist to keep track of your investment in Nutex Health shares.
Step 1: Choose where to buy Nutex Health stock
You will need a brokerage account to access the NASDAQ market and buy NUTX stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal details so you are able to invest in NUTX today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new trading account.
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Step 3: Fund your brokerage account
Now that you have opened your account on the stock trading app, your next step is to transfer the money for your investment:
Watch the video below if you need help depositing funds into your investment account.
Step 4: Research Nutex Health stock
After you have identified the best place to buy Nutex Health stock, it's crucial to research their stock prior to investing, so you truly wrap your head around the risk as well as the upside.
Nutex Health stock data
Fundamentals of Nutex Health
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on NUTX's stock page.
What is the fair value of NUTX stock?
You can use many financial metrics, analyses, models, and charts to gauge NUTX's true value.
Using relative valuations methods:
- NUTX could be undervalued based on its P/B ratio of 2.03x, relative to Health Information Services industry P/B ratio of 3.55x
You can do additional valuation research on NUTX's stock here.
NUTX Financial Health Summary
Pros:
- NUTX profit margin has gone up from -220.7% to -13.7% in the past year.
- There are more short-term assets than short-term liabilities on the NUTX balance sheet.
Cons:
- There are more long-term liabilities than short-term assets on the NUTX balance sheet.
- Total NUTX debt is higher than 5 years ago, relative to shareholder equity.
- NUTX's operating cash flow of $16.50M allows it to safely service it's debt of $288.62M.
- NUTX has a relatively high debt to equity ratio of 5.43.
- NUTX earnings of -$22.11M is not enough to cover its interest payments.
Is it a good time to buy Nutex Health stock, according to analysts?
Out of 1 Wall Street analysts who research NUTX, the consensus analyst rating on NUTX is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Nutex Health stock forecast page.
NUTX Trading Indicators
Is NUTX Making Money?
Last year, NUTX revenue was $275.93M. During the past five year, NUTX's revenue has grown by 167.45% per year. This was faster than the Health Information Services industry average of 21.86%.
Dive into NUTX's earnings and revenue performance here.
Latest Insiders Trades at NUTX
In the past 12 months, executives and large shareholders at NUTX have bought more shares than they have sold.
Jon Christian Bates, Chief Financial Officer of NUTX, was the latest NUTX insider to buy. They bought $28,969.65 worth of NUTX shares on Aug 22, 2024.
Get more info about who owns NUTX stock here.
Does NUTX provide a stable income stream?
No, Nutex Health doesn't provide an income stream by paying out dividends.
What others are saying about NUTX
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your NUTX purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open button and your broker will execute the order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your NUTX position
Now that you own some NUTX stock, you'll want to keep up with your new investment.
Create a watchlist to track the latest developments regarding your NUTX stock.
NUTX Feed
How to Buy Stock in Nutex Health
To summarize, here are the 6 steps to buy Nutex Health stock:
- Choose where to buy Nutex Health stock
- Open a brokerage account
- Fund your brokerage account
- Research Nutex Health stock
- Place your NUTX purchase
- Keep an eye on your NUTX position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Nutex Health, hit the button below to create your watchlist.
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