Shares of NantHealth Inc (NASDAQ:NH) were up 17.5% on Wednesday . The company traded as high as $2.18 and last traded at $2.01, approximately 1,180,694 shares were traded during mid-day trading. An increase of 5% from the average daily volume of 1,125,597 shares. The stock had previously closed at $1.71.
A number of equities research analysts have weighed in on NH shares. ValuEngine upgraded NantHealth from a “sell” rating to a “hold” rating in a report on Tuesday, February 4th. Zacks Investment Research downgraded NantHealth from a “buy” rating to a “hold” rating in a report on Thursday, December 19th.
The firm has a market capitalization of $222.35 million, a P/E ratio of -2.21 and a beta of 1.32. The stock has a fifty day simple moving average of $1.48 and a two-hundred day simple moving average of $0.95.
About NantHealth (NASDAQ:NH)
NantHealth, Inc, together with its subsidiaries, operates as a healthcare technology company in the United States and internationally. The company engages in converging science and technology through an integrated clinical platform to provide health information at the point of care. It develops NantHealth solutions, including molecular profiling solutions, software, and hardware systems infrastructure, which integrates patient data management, bioinformatics, and molecular medicine to enable value-based care and evidence-based clinical practice.
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