NantHealth (NASDAQ:NH) Coverage Initiated by Analysts at StockNews.com

by · The Cerbat Gem

StockNews.com started coverage on shares of NantHealth (NASDAQ:NH – Free Report) in a report released on Saturday. The brokerage issued a hold rating on the stock.

NantHealth Trading Down 12.5 %

Shares of NantHealth stock opened at $0.35 on Friday. The company has a fifty day simple moving average of $0.41 and a 200-day simple moving average of $0.54. The stock has a market cap of $2.70 million, a price-to-earnings ratio of -0.05 and a beta of 1.82. NantHealth has a 12-month low of $1.24 and a 12-month high of $9.75.

Institutional Trading of NantHealth

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Susquehanna International Group LLP bought a new stake in shares of NantHealth in the 1st quarter worth approximately $25,000. Goldman Sachs Group Inc. acquired a new stake in NantHealth during the 2nd quarter valued at $36,000. Millennium Management LLC acquired a new stake in shares of NantHealth in the 2nd quarter valued at $110,000. Finally, Atria Wealth Solutions Inc. lifted its stake in shares of NantHealth by 117.7% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 491,942 shares of the company’s stock valued at $205,000 after purchasing an additional 265,949 shares during the period. 4.50% of the stock is owned by hedge funds and other institutional investors.

NantHealth Company Profile

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NantHealth, Inc engages in the provision of enterprise solutions that help businesses transform complex data into actionable insights. It is also involved in marketing solutions as a comprehensive integrated solution that includes clinical decision support, payer engagement solutions, data analysis, and network monitoring and management.

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