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

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

Dynatronics Trading Down 21.0 %

Shares of Dynatronics stock opened at $0.27 on Thursday. The company has a market capitalization of $1.41 million, a P/E ratio of -0.22 and a beta of 0.32. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.68 and a current ratio of 1.40. The company has a fifty day moving average of $0.42 and a 200 day moving average of $0.48. Dynatronics has a fifty-two week low of $0.25 and a fifty-two week high of $0.91.

Dynatronics (NASDAQ:DYNT) last issued its earnings results on Thursday, May 9th. The medical equipment provider reported ($0.17) earnings per share for the quarter. The firm had revenue of $7.66 million during the quarter. Dynatronics had a negative return on equity of 55.14% and a negative net margin of 13.07%.

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.