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

StockNews.com began coverage on shares of Dynatronics (NASDAQ:DYNT) in a research report issued on Wednesday. The firm set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Stock Down 21.7 %

Dynatronics stock opened at $0.14 on Wednesday. Dynatronics has a fifty-two week low of $0.08 and a fifty-two week high of $0.73. The firm has a market capitalization of $1.24 million, a price-to-earnings ratio of -0.15 and a beta of 0.13. The stock’s fifty day moving average is $0.14 and its two-hundred day moving average is $0.15. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.60 and a current ratio of 1.35.

About Dynatronics

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.