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

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

Dynatronics Stock Performance

DYNT opened at $0.13 on Friday. The company has a market cap of $950,536.00, a price-to-earnings ratio of -0.14 and a beta of 0.16. The firm’s fifty day simple moving average is $0.13 and its two-hundred day simple moving average is $0.17. The company has a quick ratio of 0.60, a current ratio of 1.35 and a debt-to-equity ratio of 0.23. Dynatronics has a 52-week low of $0.08 and a 52-week high of $0.73.

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.