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

StockNews.com started coverage on shares of Dynatronics (NASDAQ:DYNT) in a research note issued on Friday. The brokerage set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Stock Performance

Shares of DYNT opened at $0.23 on Friday. Dynatronics has a 12 month low of $0.21 and a 12 month high of $0.91. The firm has a fifty day simple moving average of $0.40 and a 200 day simple moving average of $0.47. The stock has a market capitalization of $1.23 million, a price-to-earnings ratio of -0.19 and a beta of 0.24. The company has a current ratio of 1.40, a quick ratio of 0.68 and a debt-to-equity ratio of 0.22.

Dynatronics (NASDAQ:DYNT) last announced its earnings results on Thursday, May 9th. The medical equipment provider reported ($0.17) EPS for the quarter. Dynatronics had a negative return on equity of 55.14% and a negative net margin of 13.07%. The business had revenue of $7.66 million for 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.