StockNews.com Begins Coverage on Dynatronics (NASDAQ:DYNT)

Investment analysts at StockNews.com started coverage on shares of Dynatronics (NASDAQ:DYNT) in a research note issued on Friday. The firm set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Price Performance

Shares of NASDAQ DYNT opened at $0.11 on Friday. The stock has a fifty day moving average price of $0.15 and a 200 day moving average price of $0.28. Dynatronics has a 1-year low of $0.10 and a 1-year high of $0.73. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.37 and a quick ratio of 0.64. The company has a market cap of $597,548.10, a PE ratio of -0.09 and a beta of 0.19.

Dynatronics (NASDAQ:DYNT) last announced its quarterly earnings data on Tuesday, September 24th. The medical equipment provider reported ($0.43) EPS for the quarter. The firm had revenue of $7.37 million for the quarter. Dynatronics had a negative return on equity of 37.01% and a negative net margin of 8.29%.

Dynatronics Company Profile

Dynatronics Corporation, a medical device company, designs, manufactures, and sells physical therapy, rehabilitation, orthopedics, pain management, and athletic training products in the United States. The company offers orthopedic soft bracing products include cervical collars, shoulder immobilizers, arm slings, wrist and elbow supports, abdominal and lumbosacral supports, maternity supports, knee immobilizers and supports, ankle walkers and supports, plantar fasciitis splints, and cold therapy products.