Dynatronics (NASDAQ:DYNT) Now Covered by Analysts at StockNews.com

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

Dynatronics Stock Performance

Shares of Dynatronics stock opened at $0.12 on Friday. The stock’s fifty day simple moving average is $0.14 and its 200 day simple moving average is $0.24. The company has a current ratio of 1.37, a quick ratio of 0.64 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $876,282.00, a PE ratio of -0.12 and a beta of 0.17. Dynatronics has a 12 month low of $0.09 and a 12 month high of $0.73.

Dynatronics (NASDAQ:DYNT) last released its quarterly earnings results 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 business 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.