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

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

Dynatronics Trading Down 32.7 %

Shares of DYNT stock opened at $0.12 on Tuesday. Dynatronics has a 1 year low of $0.09 and a 1 year high of $0.73. The firm has a fifty day moving average price of $0.13 and a 200-day moving average price of $0.22. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.35 and a quick ratio of 0.60. The company has a market cap of $889,350.00, a price-to-earnings ratio of -0.13 and a beta of 0.17.

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