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

StockNews.com assumed coverage on shares of Dynatronics (NASDAQ:DYNT) in a report published on Tuesday. The brokerage issued a hold rating on the medical equipment provider’s stock.

Dynatronics Price Performance

Shares of NASDAQ DYNT remained flat at $0.17 on Tuesday. The stock had a trading volume of 2,750 shares, compared to its average volume of 323,791. Dynatronics has a 52 week low of $0.15 and a 52 week high of $0.91. The company has a 50-day moving average price of $0.27 and a 200 day moving average price of $0.40. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.40 and a quick ratio of 0.68. The firm has a market cap of $902,360.00, a price-to-earnings ratio of -0.14 and a beta of 0.24.

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. Dynatronics had a negative return on equity of 55.14% and a negative net margin of 13.07%. The company had revenue of $7.66 million during the quarter.

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.