Dynatronics (NASDAQ:DYNT) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Dynatronics (NASDAQ:DYNT) in a research note issued to investors on Thursday morning. The brokerage issued a hold rating on the medical equipment provider’s stock.

Dynatronics Stock Down 13.5 %

NASDAQ DYNT opened at $0.10 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.64 and a current ratio of 1.37. Dynatronics has a 52 week low of $0.10 and a 52 week high of $0.73. The stock has a fifty day moving average of $0.15 and a 200-day moving average of $0.29. The stock has a market capitalization of $536,108.00, a P/E ratio of -0.08 and a beta of 0.19.

Dynatronics (NASDAQ:DYNT) last announced its quarterly earnings data on Tuesday, September 24th. The medical equipment provider reported ($0.43) EPS for the quarter. Dynatronics had a negative return on equity of 37.01% and a negative net margin of 8.29%. The company had revenue of $7.37 million for 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.