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 $0.67, up 0.45% from the previous day, and has decreased 92.8% in one year. It has underperformed other stocks in the Health Information Services industry by 0.65 percentage points. Nutex Health stock is currently +34% from its 52-week low of $0.50, and -92.8% from its 52-week high of $9.30.
As of Apr 24, 2024, there are 49.7M shares of NUTX outstanding. The market cap of NUTX is $33.30M. In the last 24 hours, 289,260 NUTX shares were traded.
How to Buy Nutex Health Stock
Not sure how to invest in Nutex Health stock? Here's how.
- Choose where to buy Nutex Health stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock 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 identified.
- Fund your brokerage account: Select your method of payment 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 analysis website can help you understand 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 specific price.
- Keep an eye on your NUTX position: Create a watchlist to the latest updates on your position in Nutex Health shares.
Step 1: Choose where to buy Nutex Health stock
You need a brokerage account to access the NASDAQ market and buy NUTX stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you are able to buy NUTX stock today.
How to Open a New Brokerage 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 info to open a new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on apps for stock market, you can securely and quickly fund your account:
Watch the video below to see the process of transferring money into your investment account.
Step 4: Research Nutex Health stock
Once you have chosen the best place to buy Nutex Health stock, it's very important to analyze their stock prior to investing, so you truly comprehend the risk and opportunity.
Nutex Health Metrics
Nutex Health Zen Score
WallStreetZen was built to help part-time investors do better fundamental analysis quickly.
You can see all of the due diligence checks on NUTX's stock page.
Is NUTX stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge NUTX's true value.
Using relative valuations metrics:
- NUTX may be undervalued based on its P/B ratio of 0.54x, relative to Health Information Services industry P/B ratio of 3.39x
You can access more valuation analysis on NUTX's stock here.
NUTX Financials at a glance
Pros:
- Total NUTX debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the NUTX balance sheet.
- NUTX has cash burn of 8240380. It has enough cash and short-term investments to cover this for at least one year.
- NUTX profit margin has gone up from -193.7% to -18.5% in the past year.
- NUTX has $22.00M in cash and short term investments. This is enough to cover its annual cash burn of $8.24M.
Cons:
- There are more long-term liabilities than short-term assets on the NUTX balance sheet.
- NUTX has a relatively high debt to equity ratio of 5.19.
Is it a good time to buy Nutex Health stock, according to analysts?
Out of 1 sell side analysts who track NUTX, the consensus analyst rating on Nutex Health is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Nutex Health stock forecast page.
NUTX Technicals
NUTX Performance Numbers
Last year, NUTX revenue was $247.65M. Over the last 5 year, NUTX's revenue has gone up by 182.89% per year. This was faster than the Health Information Services industry average of 19.73%.
You can research NUTX's earnings and revenue performance here.
Are NUTX insiders buying or selling the stock?
In the past year, executives and large shareholders at NUTX have bought more shares than they have sold.
Thomas T. Vo, Chief Executive Officer of NUTX, was the latest NUTX insider to buy. They bought $62,195.20 worth of NUTX stock on Nov 20, 2023.
Dig into more 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.
NUTX Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your NUTX purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you require additional help with 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 shares, you'll want to stay up-to-date on your new investment.
Make a watchlist to track the most important metrics related to your NUTX stock.
NUTX Feed
How to Buy Stock in Nutex Health
To summarize, here are the 6 steps to buy stock in Nutex Health:
- 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 place to buy stocks, eToro is our favorite option.
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