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

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

Dynatronics Stock Performance

Shares of DYNT stock opened at $0.12 on Tuesday. The company has a current ratio of 1.35, a quick ratio of 0.60 and a debt-to-equity ratio of 0.23. The company has a market cap of $871,445.60, a PE ratio of -0.13 and a beta of 0.17. The company’s fifty day simple moving average is $0.13 and its 200-day simple moving average is $0.22. Dynatronics has a 52 week low of $0.09 and a 52 week high of $0.73.

Dynatronics (NASDAQ:DYNT) last released its quarterly earnings data on Tuesday, September 24th. The medical equipment provider reported ($0.43) EPS for the quarter. Dynatronics had a negative net margin of 8.88% and a negative return on equity of 41.41%. The company had revenue of $7.37 million during the quarter.

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.