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

Equities researchers at StockNews.com began coverage on shares of Dynatronics (NASDAQ:DYNT) in a report issued on Thursday. The brokerage set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Stock Performance

DYNT opened at $0.14 on Thursday. The company has a market capitalization of $998,250.00, a price-to-earnings ratio of -0.14 and a beta of 0.16. The business’s 50-day moving average price is $0.13 and its two-hundred day moving average price is $0.20. Dynatronics has a 1 year low of $0.08 and a 1 year high of $0.73. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.35 and a quick ratio of 0.60.

Dynatronics (NASDAQ:DYNT) last announced 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 8.88% and a negative return on equity of 41.41%.

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.