Dynatronics (NASDAQ:DYNT) Coverage Initiated by Analysts at StockNews.com

Research analysts at StockNews.com began coverage on shares of Dynatronics (NASDAQ:DYNT) in a note issued to investors on Sunday. The brokerage set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Trading Down 10.1 %

Dynatronics stock opened at $0.13 on Friday. The firm has a 50-day moving average of $0.14 and a 200-day moving average of $0.25. Dynatronics has a one year low of $0.09 and a one 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 $979,374.00, a price-to-earnings ratio of -0.14 and a beta of 0.17.

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

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.