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Nutex Health Inc (NUTX) rating initates by Northland Capital

Nutex Health Inc’s filing revealed 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 $188.88 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 $98000.0.

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 jump 6.55% to $0.70. Over the last five days, the stock has gained 4.04%. Nutex Health Inc shares have fallen nearly -74.15% since the year began. Nevertheless, the stocks have fallen -93.37% over the past one year. While a 52-week high of $10.92 was reached on 01/10/24, a 52-week low of $0.50 was recorded on 04/15/24. SMA at 50 days reached $1.4291, while 200 days put it at $3.1249. A total of 0.9 million shares were traded, compared to the trading of 0.43 million shares in the previous session.

Levels Of Support And Resistance For NUTX Stock

The 24-hour chart illustrates a support level at 0.6428, which if violated will result in even more drops to 0.5875. On the upside, there is a resistance level at 0.7415. A further resistance level may holdings at 0.7849. The Relative Strength Index (RSI) on the 14-day chart is 26.69, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2699, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.33%. Stochastics %K at 17.20% indicates the stock is a buying.

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