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

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

Dynatronics Price Performance

DYNT stock opened at $0.14 on Friday. The firm has a market cap of $994,620.00, a PE ratio of -0.14 and a beta of 0.19. Dynatronics has a 12 month low of $0.10 and a 12 month high of $0.73. The firm has a 50 day simple moving average of $0.14 and a 200 day simple moving average of $0.27. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.37 and a quick ratio of 0.64.

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