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

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

Dynatronics Price Performance

Shares of NASDAQ DYNT opened at $0.13 on Monday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.60 and a current ratio of 1.21. Dynatronics has a fifty-two week low of $0.08 and a fifty-two week high of $0.65. The company has a market cap of $1.17 million, a PE ratio of -0.16 and a beta of 0.80. The business has a 50-day simple moving average of $0.13 and a two-hundred day simple moving average of $0.14.

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.