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Nutex Health Inc [NUTX] Investment Guide: What You Need to Know

Nutex Health Inc’s recent filing unveils that its Chief Executive Officer Vo Thomas T. acquired Company’s shares for reported $62195.0 on Nov 20 ’23. In the deal valued at $0.23 per share,275,200 shares were bought. As a result of this transaction, Vo Thomas T. now holds 269,822,776 shares worth roughly $21.59 million.

Then, Vo Thomas T. bought 224,800 shares, generating $51,704 in total proceeds. Upon buying the shares at $0.23, the Chief Executive Officer now owns 269,547,576 shares.

Before that, DeTillio Joshua bought 140,000 shares. Nutex Health Inc shares valued at $34,174 were divested by the Chief Operating Officer at a price of $0.24 per share. As a result of the transaction, DeTillio Joshua now holds 140,000 shares, worth roughly $11200.0.

Northland Capital initiated its Nutex Health Inc [NUTX] rating to an Outperform in a research note published on February 22, 2023; the price target was $3.

Price Performance Review of NUTX

On Friday, Nutex Health Inc [NASDAQ:NUTX] saw its stock fall -12.28% to $0.08. Over the last five days, the stock has lost -18.04%. Nutex Health Inc shares have fallen nearly -56.33% since the year began. Nevertheless, the stocks have fallen -92.22% over the past one year. While a 52-week high of $1.10 was reached on 01/10/24, a 52-week low of $0.09 was recorded on 04/05/24. SMA at 50 days reached $0.1093, while 200 days put it at $0.2285. A total of 10.18 million shares were traded, compared to the trading of 1.89 million shares in the previous session.

Levels Of Support And Resistance For NUTX Stock

The 24-hour chart illustrates a support level at 0.0746, which if violated will result in even more drops to 0.0705. On the upside, there is a resistance level at 0.0841. A further resistance level may holdings at 0.0895. The Relative Strength Index (RSI) on the 14-day chart is 23.82, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0120, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.35%. Stochastics %K at 10.50% indicates the stock is a buying.

How much short interest is there in Nutex Health Inc?

A steep rise in short interest was recorded in Nutex Health Inc stocks on Mar 15, 2024, dropping by -1.03 million shares to a total of 1.47 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 2.5 million shares. There was a decline of -70.07%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 0.34% of the overall stock float, the days-to-cover ratio (short ratio) fell to 0.84.

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