StockNews.com Begins Coverage on Dynatronics (NASDAQ:DYNT)

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

Dynatronics Stock Performance

NASDAQ DYNT opened at $0.10 on Thursday. The business’s 50-day moving average price is $0.16 and its 200 day moving average price is $0.29. The company has a quick ratio of 0.64, a current ratio of 1.37 and a debt-to-equity ratio of 0.23. The firm has a market cap of $536,108.00, a P/E ratio of -0.08 and a beta of 0.19. Dynatronics has a 52-week low of $0.10 and a 52-week high of $0.73.

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