Dynatronics (NASDAQ:DYNT) Earns Hold Rating from Analysts at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of Dynatronics (NASDAQ:DYNT) in a research report issued on Tuesday. The brokerage set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Stock Performance

DYNT stock opened at $0.18 on Tuesday. Dynatronics has a one year low of $0.09 and a one year high of $0.73. The firm has a market cap of $1.32 million, a price-to-earnings ratio of -0.19 and a beta of 0.17. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.60 and a current ratio of 1.35. The firm has a 50-day simple moving average of $0.13 and a two-hundred day simple moving average of $0.22.

Dynatronics (NASDAQ:DYNT) last posted its earnings results 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 net margin of 8.88% and a negative return on equity of 41.41%.

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.