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

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

Dynatronics Stock Performance

DYNT opened at $0.13 on Friday. The firm’s 50-day moving average price is $0.13 and its 200-day moving average price is $0.18. The company has a market cap of $961,420.00, a P/E ratio of -0.14 and a beta of 0.16. Dynatronics has a 52-week low of $0.08 and a 52-week high of $0.73. 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 (NASDAQ:DYNT) last posted its earnings results on Tuesday, September 24th. The medical equipment provider reported ($0.43) EPS for the quarter. Dynatronics had a negative net margin of 8.88% and a negative return on equity of 41.41%. The business had revenue of $7.37 million for the quarter.

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.