Dynatronics (NASDAQ:DYNT) Earns Hold Rating from Analysts at StockNews.com

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

Dynatronics Stock Performance

NASDAQ DYNT opened at $0.14 on Friday. Dynatronics has a fifty-two week low of $0.08 and a fifty-two week high of $0.73. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.60 and a current ratio of 1.35. The firm has a market capitalization of $983,188.00, a P/E ratio of -0.14 and a beta of 0.16. The stock has a 50-day simple moving average of $0.13 and a two-hundred day simple moving average of $0.18.

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

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.